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en-usFri, 09 Dec 2016 10:35:53 -0500Fri, 09 Dec 2016 10:35:53 -0500The latest news on Accenture from Business Insiderhttp://static3.businessinsider.com/assets/images/bilogo-250x36-wide-rev.pngBusiness Insiderhttp://www.businessinsider.com
http://www.businessinsider.com/why-accenture-acquired-karmarama-2016-11Accenture explains why it just bought ad agency Karmarama (ACN)http://www.businessinsider.com/why-accenture-acquired-karmarama-2016-11
Tue, 29 Nov 2016 08:59:55 -0500Lara O'Reilly
<p><img style="float:right;" src="http://static6.businessinsider.com/image/583d7dc8e02ba734008b6926-1500/brian whipple 47 high res.jpg" alt="brian whipple" data-mce-source="Accenture" data-mce-caption="Brian Whipple, head of Accenture Interactive" /></p><p>Management consulting firm Accenture announced it had acquired UK advertising agency Karmarama on Tuesday.</p>
<p>Speaking to Business Insider, Brian&nbsp;Whipple, who heads the Accenture Interactive unit &mdash; <a href="https://www.accenture.com/us-en/accenture-interactive-named-worlds-biggest-fastest-growing">which was named by AdAge as the world's biggest and fastest growing digital agency network in 2016</a> &mdash; said Karmarama will help set it apart from competitors like IBM, Deloitte, and the services offered by advertising holding companies. Now Accenture&nbsp;can help design customer experiences, build them, run them, and have an agency to lead on creative.</p>
<p>Karmarama works with clients including the BBC, Honda, and Unilever and is one of the UK's biggest independent creative agencies.</p>
<p>Jon Wilkins, who is Karmarama's executive chairman and will take on an additional leadership role within Accenture Interactive following the acquisition,&nbsp;told Business Insider he never wanted to sell the business to a classic advertising holding company where all the benefits&nbsp;of its independence could be stifled. By contrast, he&nbsp;described Accenture Interactive as one of the most "entrepreneurially minded businesses" he had come across.</p>
<p>The financial terms of the deal were not disclosed.</p>
<p><em>This interview has been lightly edited for length and clarity.</em></p>
<p><strong>Business Insider's Lara O'Reilly:</strong> What was the appeal of Karmarama to Accenture?</p>
<p><strong>Brian Whipple (Accenture):</strong> We are laser-focused on helping clients create the best customer experiences on&nbsp;the planet.</p>
<p>While we are in that today, having Jon's team as part of the family vastly increase our ability to do that in the bleeding edge and I&nbsp;look forward to tapping the team across a network of opportunities.</p>
<p>[Karamarama is a] media agnostic, technology agnostic, experience-first philosophy&nbsp;agency concept. Technology, commerce, content management, and advertising are all about enabling the new customer experience not leading with [a specific media].</p>
<p><strong>O'Reilly:</strong> Management consulting firms tend to be client focused, whereas creative agencies &mdash; arguably &mdash; have more of a focus on the consumer. Will this acquisition help you on that front too?</p>
<p><strong>Whipple:</strong> Accenture Interactive is specifically focused on the interaction between the client and the end consumer, and not on clients per se. So&nbsp;that may be different from your consulting firm&nbsp;description. Accenture Interactive is in no part a consulting firm &mdash; our parent entity is, but that is not what the Accenture Interactive business model or culture is.</p>
<p>We are focused on bringing brand promise to life through the customer experience.</p>
<p><strong>Jon Wilkins (Karmarama):</strong> &nbsp;An interesting find for us that we have detected from consumer point of view&nbsp;and the CMO point of view&nbsp;is the desire to create&nbsp;one connected experience. If you look at the way CMOs' careers are evolving, the ones&nbsp;that have reached the pinnacle are those that have created a system to connect tech and digital experience with the brand and we think that is the battleground</p>
<p><img src="http://static4.businessinsider.com/image/583d7b3de02ba79f028b6817-1500/public-news-tmp-108565-nickdroga5europe--2x1--940.jpg" alt="karmarama" data-mce-source="Karmarama" data-mce-caption="The Karmarama team: Sid McGrath (Chief Strategy Officer), Nik Studzinski (Chief Creative Officer), Jon Wilkins (Executive Chairman) and Ben Bilboul (Chief Executive Officer)." />From a consumer perspective, it's the current weak link. A&nbsp;project Karmarama has been doing, <a href="http://www.project-reconnect.com/">Project Reconnect, which is championed WFA (World Federation of Advertisers)</a>, looks at&nbsp;the long term trends of brand awareness, engagement, and trust. All those metrics show a decline&nbsp;in brands' ability to truly connect. The number&nbsp;one issue is a lack of connection in digital experience and brand</p>
<p>We see bleeding edge demands being placed on the CMO by consumers who are now voting with ad blockers and other avoidance techniques to demand more from brands and CMOs</p>
<p><strong>O'Reilly:</strong> Independent creative agencies are usually favored by clients for exactly that: their independence. When independent agencies get bought, they can sometimes lose some of the magic and some of the risk-taking they were afforded by being independents. Is that received wisdom true? How are you going to prevent that from happening?</p>
<p><strong>Wilkins (Karmarama):&nbsp;</strong>I think it can be true &mdash; definitely if we had gone into a classic marketing services holding company, there are two things that tend to happen.</p>
<p>One: Management&nbsp;have selfish endeavors around their earn-out that forces them to become, maybe, greedy. And&nbsp;also they tend to work in silos and that can lead to a lack of&nbsp;entrepreneurialism.These are things we didn&rsquo;t want to happen to&nbsp;our brand.</p>
<p>Within Accenture, we are very much agnostic, as Brian said. I think we can challenge ourselves to continually strive to bring new exciting ways to communicate&nbsp;with customers on behalf of CMOs.</p>
<p>I don&rsquo;t think I&rsquo;ve ever come across a more entrepreneurially-minded business&nbsp;than&nbsp;Accenture Interactive. When it comes to identifying business&nbsp;growth&nbsp;opportunities, they are different to the classic holding company.</p>
<p><strong>Whipple (Accenture):</strong> Our bread and butter business is less about responding&nbsp;to client RFPs (requests for proposals) or AOR (agency of record) pitches. I'm not saying we don&rsquo;t do that but the real play for us is bringing new business&nbsp;models entirely, new revenue streams entirely to our Fortune 2,000 clients.</p>
<p>It's less about will they go with us versus agency X or Y and more about will they partner with us to create this new&nbsp;business.</p>
<p><strong>Wilkins (Karmarama):</strong> Accenture Interactive is very entrepreneurial and&nbsp;we found this very exciting.</p>
<p>As an independent&nbsp;you can&rsquo;t do, however ambitious you are, you&nbsp;don&rsquo;t have logistics, scale, and breadth of business&nbsp;to go to these companies and help them grow their&nbsp;business.</p>
<p>We think we are going to be more entrepreneurial&nbsp;with Accenture Interactive. We are not just batting for ourselves: it's a bigger market opportunity.</p>
<p><strong>O'Reilly:</strong> Accenture Interactive acquired design agency Fjord in 2013, which seems like a similar deal in terms of bringing on board new creative expertise. How has the integration gone and how to you bring Fjord to the table when you are speaking to clients?</p>
<p><strong><img class="float_left" src="http://static2.businessinsider.com/image/583d9165e02ba760658b5907-1200/undefined" alt="olof" data-mce-source="Fjord" data-mce-caption="Olof Schybergson is the CEO of Fjord, the design agency acquired by Accenture Interactive in 2013." />Whipple (Accenture):</strong>&nbsp;The Fjord deal has been amongst the most visible and most successful in Accenture Interactive's&nbsp;history. We are fortunate to have a strong track record amongst most or all of our acquisitions and Fjord is at the top of that. Fjord is&nbsp;top of mind for our executives&nbsp;across the globe, and it has opened up major service design capabilities in Sao Paulo, Sydney Australia, and all major markets in Western Europe and North America.</p>
<p>Adding Karmarama from creative standpoint will only bolster that, and sit side by side from a service design perspective.</p>
<p>We&nbsp;have an Accenture Interactive&nbsp;team that has deep tentacles reaching into the technology capabilities of Accenture&nbsp;to shepherd creative talent and that's critical.</p>
<p>We are not just another player in this ecosystem. We didn't buy Karmarama&nbsp;to take their earnings and distribute them to shareholders &mdash; it's about creating synergy for clients. Conceptually, this is the same play [as Fjord.]</p>
<p><strong>O'Reilly:</strong> From the outside looking in, there now seems to be lots of entities offering a similar type of service. There's Accenture Interactive, <a href="http://uk.businessinsider.com/ibm-quietly-built-the-worlds-largest-digital-agency-heres-how-it-got-there-2016-3">IBM's huge iX digital agency</a>, and Deloitte Digital and its acquisition of creative agency Heat. Then on the holding company side, you have <a href="http://uk.businessinsider.com/interview-with-maurice-lvy-at-ad-week-europe-2015-3">Publicis Groupe acquiring Sapient and reorganizing to offer clients "digital transformation" services</a> and WPP reorganizing its businesses around a concept called "horizontality," where clients can take a mixture of digital, data and creative services. What makes you different?</p>
<p><strong>Whipple (Accenture):</strong> It's a fair question and I would propose to you that they are very dissimilar things.</p>
<p>For starters, a number of the companies you mentioned, which are all well run, strong organizations are essentially a collection of different agencies. Yes, there are press releases about grouping them together, but they are a founder-based culture, so their go to market strategy is different.</p>
<p>I have one&nbsp;global management team and we go to market as&nbsp;Accenture Interactive. It may be that Fjord offers service design and Karmarama is in a similar brand space, but the Accenture Interactive team all has 100% aligned incentives, without separate founder incentives at all.</p>
<p>What's also completely different is that&nbsp;while we are about designing customer experiences, we are also equal parts about running, enabling, and managing these customer experiences for&nbsp;clients.</p>
<p>It's not just abut building it and turning it over to them, it's often about running the assets and technology, where we would have a relationship with clients that would probably be 10-20x in size of what a traditional player would have. It's a multi-year, retention-based relationship partner model.</p>
<p><strong><img src="http://static3.businessinsider.com/image/583d907bba6eb66d268b64ff-1012/screen shot 2016-11-29 at 22713 pm.png" alt="accenture interactive" data-mce-source="Accenture Interactive" data-mce-caption="Accenture Interactive offers clients these services" />O'Reilly:</strong> But isn't that what iX and Deloitte offer?</p>
<p><strong>Whipple (Accenture):</strong> I don&rsquo;t comment on competitors usually.</p>
<p>iX is largely a piece of front-end design born through the WebSphere of tech. Deloitte is also a strong firm but does not have nearly the global reach of Accenture Interactive, nor specifically the footprint that Accenture Interactive&nbsp;has in the share of mind with CEOs, and CIOs, and now CMOs.</p>
<p>I'll give you an example. When you get in the client room and they say: We have to come up with a campaign and we have to do that in an innovative way that attracts new customers and creates profitable relationships in lasting way and a&nbsp;new revenue stream for&nbsp;us.</p>
<p>When that happens, a number of providers all raise their hand and say: "We can do that for you, here are five ideas."</p>
<p>Then the client says: "We need that done and implemented in this particular commerce tech, across the Adobe marketing stack, and executing with our back-end campaign systems."&nbsp;</p>
<p>Then 15 or so arms in air go down to three very quickly.</p>
<p>Then the client says: "And we need to version this in 20 languages, across 50 different countries."</p>
<p>Most of the arms go down.</p>
<p>Then the client says: "We need you to manage it for&nbsp;us because it's&nbsp;impossible for us to manage content and version content with software releases, government regulations, and privacy and permission restrictions."</p>
<p>That, pretty much, is our business&nbsp;model.</p>
<p>We lead with definition of customer experience but by the time you have multi-national complex management pursuits it takes world class organization like Accenture to pull that off for the client</p>
<p><strong><img class="float_left" src="http://static2.businessinsider.com/image/583d8ac3ba6eb61c008b68d5-1000" alt="Karmarama Karma Graphic" data-mce-source="Karmarama" data-mce-caption="Good karma this way&rdquo; &ndash; the entrance to Karmarama in London, UK." />O'Reilly:</strong> Jon, have you been shopping Karmarama around for a while and were there other suitors?</p>
<p><strong>Wilkins (Karamara):</strong> Amazingly, we haven&rsquo;t been shopping around for a while. But because we are quite big and independent, there has been a lot of independent interest.</p>
<p>There was never any desire amongst management to sell the business.&nbsp;We are a pretty soft company with some&nbsp;really good values. The term management used is to "steer the ship in the best waters for future."</p>
<p>It's another exciting journey for everyone involved. We told everyone today and people ar really excited and happy about the company.</p>
<p>We would have never sold to a classic marketing services&nbsp;group. That had&nbsp;zero appeal amongst management and leadership here. This was an opportunity to really challenge the model. The whole agency model needs shaking up&nbsp;and this is it.</p>
<p><strong>O'Reilly:</strong> What do you mean by a "soft company"?</p>
<p><strong>Wilkins (Karmarama):</strong> This business&nbsp;has never been about commercial pursuit. A&nbsp;lot of my former colleagues and peers set up agencies with sole aim of exiting and making money.</p>
<p>The thing that brought us together with Accenture Interactive was our cultural fit as over time we realized we share a lot of values: the way we treat staff, customers, the mark we want to leave&nbsp;on society. We have always had loftier maybe stranger pursuits.</p><p><a href="http://www.businessinsider.com/why-accenture-acquired-karmarama-2016-11#comments">Join the conversation about this story &#187;</a></p> <p>NOW WATCH: <a href="http://www.businessinsider.com/ykk-zipper-label-almost-every-2016-11">Why almost every pair of jeans has a zipper that says ‘YKK’</a></p> http://www.businessinsider.com/connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7THE CONNECTED DEVICE PAYMENTS REPORT: Market opportunities, top stakeholders, and new use cases for the next frontier in paymentshttp://www.businessinsider.com/connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7
Wed, 02 Nov 2016 16:03:00 -0400Evan Bakker
<p><img style="float:right;" src="http://static6.businessinsider.com/image/5786649d88e4a7dd488b6eab-400-/bii-payment enabled wearable shipments forecast.png" alt="BII payment enabled wearable shipments forecast" width="400" data-mce-source="BI Intelligence" /></p><p></p>
<p>The rapid expansion of the Internet of Things (IoT) offers payments companies an opportunity to expand beyond mobile phones, cards, and point-of-sale devices, to a broad and diverse ecosystem of internet-connected devices.</p>
<p>We forecast that there will be 24 billion connected devices installed globally by 2020, up from nearly 7 billion today. And over 5 billion will be consumer connected devices by 2020, representing a massive expansion of touchpoints that could eventually offer payments functionality.</p>
<p>A recent report from BI Intelligence dives into&nbsp;the budding industry of connected device payments, providing&nbsp;a rundown of the stakeholders driving innovation in wearables, connected cars, and connected home devices. It also gauges the impact of new payment devices on different payments companies, along with how these devices could shift consumer purchasing behavior.</p>
<p><strong><em style="line-height: 1.5em;">Here are some of the key takeaways:</em></strong></p>
<ul>
<li>The Internet of Things is ushering in a new era for payments companies and manufacturers.<strong style="font-weight: bold; color: #222222; font-family: Helvetica, Arial, sans-serif; font-size: 15px; font-style: normal; font-variant: normal; letter-spacing: normal; line-height: 22.5px; orphans: auto; text-align: left; text-indent: 0px; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff;">&nbsp;</strong>The rapid expansion of the Internet of Things (IoT) offers an opportunity to facilitate payments beyond mobile phones, cards, and point-of-sale terminals, on a broad and diverse ecosystem of internet-connected devices.&nbsp;</li>
<li>More transactions could eventually pass through connected devices than smartphones.&nbsp;We estimate there will be 24 billion of these devices by 2020, with 5 billion of them being consumer-facing. This represents a massive expansion of touchpoints where payments could be enabled.</li>
<li>Card networks have developed a basic framework to enable commerce in everyday devices.&nbsp;Visa and MasterCard are creating the underlying infrastructure to support the standardization of payments integration and stake themselves out as the key connected payments gatekeepers. Their payment platforms are universal, allowing digital payments to grow without being tied to the success of a particular manufacturer.</li>
<li>Consumer-facing <a href="http://www.businessinsider.com/top-internet-of-things-companies-to-watch-invest-2016-8">IoT companies</a> have much to gain from enabling payments in their devices, including improving the value of the device, being able to cross-sell products through the device, and laying the groundwork for future opportunities to earn incremental revenue.&nbsp;For payments companies, connected payments offer a new revenue stream and an opportunity to gain market share ahead of competitors.</li>
<li>Wearables, connected cars, and smart home devices will be the top connected payments product categories.</li>
</ul>
<p><strong><em>In full, the report:</em></strong></p>
<ul>
<li>Frames the opportunity for embedding commerce capabilities in new devices.</li>
<li>Explains how a device becomes commerce-enabled.</li>
<li>Discusses the potential for payment-enabled&nbsp;wearables, connected cars, and smart home devices.</li>
<li>Examines the impact of connected payments on key stakeholders.</li>
</ul>
<p><strong>&nbsp;<em>Interested in getting the full report? Here are two&nbsp;ways to access it:</em></strong></p>
<ol>
<li>Subscribe to an&nbsp;<strong><em>All-Access</em></strong>&nbsp;pass to BI Intelligence and gain immediate access to this report and over 100 other expertly researched reports. As an added bonus, you'll also gain access to all future reports and daily newsletters to ensure&nbsp;you stay ahead of the curve and benefit personally and professionally. &gt;&gt; <strong><a href="http://www.businessinsider.com/intelligence/bi-intelligence-fintech-and-payments-research-bundle?IR=T&amp;utm_source=businessinsider&amp;utm_medium=report_teaser&amp;utm_term=report_teaser_subscription_text_link_connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7&amp;utm_content=subscription_report_teaser_text_link&amp;utm_campaign=report_teaser_subscription_link&amp;vertical=fintech">Learn More&nbsp;Now</a></strong></li>
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</ol><p><a href="http://www.businessinsider.com/connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7#comments">Join the conversation about this story &#187;</a></p> http://www.businessinsider.com/connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7THE CONNECTED DEVICE PAYMENTS REPORT: Market opportunities, top stakeholders, and new use cases for the next frontier in paymentshttp://www.businessinsider.com/connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7
Sun, 23 Oct 2016 00:02:00 -0400Evan Bakker
<p><img style="float:right;" src="http://static6.businessinsider.com/image/5786649d88e4a7dd488b6eab-400-/bii-payment enabled wearable shipments forecast.png" alt="BII payment enabled wearable shipments forecast" width="400" data-mce-source="BI Intelligence" /></p><p></p>
<p>The rapid expansion of the Internet of Things (IoT) offers payments companies an opportunity to expand beyond mobile phones, cards, and point-of-sale devices, to a broad and diverse ecosystem of internet-connected devices.</p>
<p>We forecast that there will be 24 billion connected devices installed globally by 2020, up from nearly 7 billion today. And over 5 billion will be consumer connected devices by 2020, representing a massive expansion of touchpoints that could eventually offer payments functionality.</p>
<p>A recent report from BI Intelligence dives into&nbsp;the budding industry of connected device payments, providing&nbsp;a rundown of the stakeholders driving innovation in wearables, connected cars, and connected home devices. It also gauges the impact of new payment devices on different payments companies, along with how these devices could shift consumer purchasing behavior.</p>
<p><strong><em style="line-height: 1.5em;">Here are some of the key takeaways:</em></strong></p>
<ul>
<li>The Internet of Things is ushering in a new era for payments companies and manufacturers.<strong style="font-weight: bold; color: #222222; font-family: Helvetica, Arial, sans-serif; font-size: 15px; font-style: normal; font-variant: normal; letter-spacing: normal; line-height: 22.5px; orphans: auto; text-align: left; text-indent: 0px; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff;">&nbsp;</strong>The rapid expansion of the Internet of Things (IoT) offers an opportunity to facilitate payments beyond mobile phones, cards, and point-of-sale terminals, on a broad and diverse ecosystem of internet-connected devices.&nbsp;</li>
<li>More transactions could eventually pass through connected devices than smartphones.&nbsp;We estimate there will be 24 billion of these devices by 2020, with 5 billion of them being consumer-facing. This represents a massive expansion of touchpoints where payments could be enabled.</li>
<li>Card networks have developed a basic framework to enable commerce in everyday devices.&nbsp;Visa and MasterCard are creating the underlying infrastructure to support the standardization of payments integration and stake themselves out as the key connected payments gatekeepers. Their payment platforms are universal, allowing digital payments to grow without being tied to the success of a particular manufacturer.</li>
<li>Consumer-facing <a href="http://www.businessinsider.com/top-internet-of-things-companies-to-watch-invest-2016-8">IoT companies</a> have much to gain from enabling payments in their devices, including improving the value of the device, being able to cross-sell products through the device, and laying the groundwork for future opportunities to earn incremental revenue.&nbsp;For payments companies, connected payments offer a new revenue stream and an opportunity to gain market share ahead of competitors.</li>
<li>Wearables, connected cars, and smart home devices will be the top connected payments product categories.</li>
</ul>
<p><strong><em>In full, the report:</em></strong></p>
<ul>
<li>Frames the opportunity for embedding commerce capabilities in new devices.</li>
<li>Explains how a device becomes commerce-enabled.</li>
<li>Discusses the potential for payment-enabled&nbsp;wearables, connected cars, and smart home devices.</li>
<li>Examines the impact of connected payments on key stakeholders.</li>
</ul>
<p><strong>&nbsp;<em>Interested in getting the full report? Here are two&nbsp;ways to access it:</em></strong></p>
<ol>
<li>Subscribe to an&nbsp;<strong><em>All-Access</em></strong>&nbsp;pass to BI Intelligence and gain immediate access to this report and over 100 other expertly researched reports. As an added bonus, you'll also gain access to all future reports and daily newsletters to ensure&nbsp;you stay ahead of the curve and benefit personally and professionally. &gt;&gt; <strong><a href="http://www.businessinsider.com/intelligence/bi-intelligence-fintech-and-payments-research-bundle?IR=T&amp;utm_source=businessinsider&amp;utm_medium=report_teaser&amp;utm_term=report_teaser_subscription_text_link_connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7&amp;utm_content=subscription_report_teaser_text_link&amp;utm_campaign=report_teaser_subscription_link&amp;vertical=fintech">Learn More&nbsp;Now</a></strong></li>
<li>Purchase &amp; download the full report from&nbsp;our research store. &gt;&gt; <strong><a href="http://www.businessinsider.com/intelligence/research-store?IR=T&amp;utm_source=businessinsider&amp;utm_medium=report_teaser&amp;utm_term=report_teaser_store_text_link_connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7&amp;utm_content=report_store_report_teaser_text_link&amp;utm_campaign=report_teaser_store_link&amp;vertical=payments#!/The-Connected-Device-Payments-Report/p/68680278/">Purchase &amp; Download Now</a></strong></li>
</ol><p><a href="http://www.businessinsider.com/connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7#comments">Join the conversation about this story &#187;</a></p> http://www.businessinsider.com/connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7THE CONNECTED DEVICE PAYMENTS REPORT: Market opportunities, top stakeholders, and new use cases for the next frontier in paymentshttp://www.businessinsider.com/connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7
Fri, 21 Oct 2016 07:01:00 -0400Evan Bakker
<p><img style="float:right;" src="http://static6.businessinsider.com/image/5786649d88e4a7dd488b6eab-400-/bii-payment enabled wearable shipments forecast.png" alt="BII payment enabled wearable shipments forecast" width="400" data-mce-source="BI Intelligence" /></p><p></p>
<p>The rapid expansion of the Internet of Things (IoT) offers payments companies an opportunity to expand beyond mobile phones, cards, and point-of-sale devices, to a broad and diverse ecosystem of internet-connected devices.</p>
<p>We forecast that there will be 24 billion connected devices installed globally by 2020, up from nearly 7 billion today. And over 5 billion will be consumer connected devices by 2020, representing a massive expansion of touchpoints that could eventually offer payments functionality.</p>
<p>A recent report from BI Intelligence dives into&nbsp;the budding industry of connected device payments, providing&nbsp;a rundown of the stakeholders driving innovation in wearables, connected cars, and connected home devices. It also gauges the impact of new payment devices on different payments companies, along with how these devices could shift consumer purchasing behavior.</p>
<p><strong><em style="line-height: 1.5em;">Here are some of the key takeaways:</em></strong></p>
<ul>
<li>The Internet of Things is ushering in a new era for payments companies and manufacturers.<strong style="font-weight: bold; color: #222222; font-family: Helvetica, Arial, sans-serif; font-size: 15px; font-style: normal; font-variant: normal; letter-spacing: normal; line-height: 22.5px; orphans: auto; text-align: left; text-indent: 0px; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff;">&nbsp;</strong>The rapid expansion of the Internet of Things (IoT) offers an opportunity to facilitate payments beyond mobile phones, cards, and point-of-sale terminals, on a broad and diverse ecosystem of internet-connected devices.&nbsp;</li>
<li>More transactions could eventually pass through connected devices than smartphones.&nbsp;We estimate there will be 24 billion of these devices by 2020, with 5 billion of them being consumer-facing. This represents a massive expansion of touchpoints where payments could be enabled.</li>
<li>Card networks have developed a basic framework to enable commerce in everyday devices.&nbsp;Visa and MasterCard are creating the underlying infrastructure to support the standardization of payments integration and stake themselves out as the key connected payments gatekeepers. Their payment platforms are universal, allowing digital payments to grow without being tied to the success of a particular manufacturer.</li>
<li>Consumer-facing <a href="http://www.businessinsider.com/top-internet-of-things-companies-to-watch-invest-2016-8">IoT companies</a> have much to gain from enabling payments in their devices, including improving the value of the device, being able to cross-sell products through the device, and laying the groundwork for future opportunities to earn incremental revenue.&nbsp;For payments companies, connected payments offer a new revenue stream and an opportunity to gain market share ahead of competitors.</li>
<li>Wearables, connected cars, and smart home devices will be the top connected payments product categories.</li>
</ul>
<p><strong><em>In full, the report:</em></strong></p>
<ul>
<li>Frames the opportunity for embedding commerce capabilities in new devices.</li>
<li>Explains how a device becomes commerce-enabled.</li>
<li>Discusses the potential for payment-enabled&nbsp;wearables, connected cars, and smart home devices.</li>
<li>Examines the impact of connected payments on key stakeholders.</li>
</ul>
<p><strong>&nbsp;<em>Interested in getting the full report? Here are two&nbsp;ways to access it:</em></strong></p>
<ol>
<li>Subscribe to an&nbsp;<strong><em>All-Access</em></strong>&nbsp;pass to BI Intelligence and gain immediate access to this report and over 100 other expertly researched reports. As an added bonus, you'll also gain access to all future reports and daily newsletters to ensure&nbsp;you stay ahead of the curve and benefit personally and professionally. &gt;&gt; <strong><a href="http://www.businessinsider.com/intelligence/bi-intelligence-fintech-and-payments-research-bundle?IR=T&amp;utm_source=businessinsider&amp;utm_medium=report_teaser&amp;utm_term=report_teaser_subscription_text_link_connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7&amp;utm_content=subscription_report_teaser_text_link&amp;utm_campaign=report_teaser_subscription_link&amp;vertical=fintech">Learn More&nbsp;Now</a></strong></li>
<li>Purchase &amp; download the full report from&nbsp;our research store. &gt;&gt; <strong><a href="http://www.businessinsider.com/intelligence/research-store?IR=T&amp;utm_source=businessinsider&amp;utm_medium=report_teaser&amp;utm_term=report_teaser_store_text_link_connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7&amp;utm_content=report_store_report_teaser_text_link&amp;utm_campaign=report_teaser_store_link&amp;vertical=payments#!/The-Connected-Device-Payments-Report/p/68680278/">Purchase &amp; Download Now</a></strong></li>
</ol><p><a href="http://www.businessinsider.com/connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7#comments">Join the conversation about this story &#187;</a></p> http://www.businessinsider.com/connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7THE CONNECTED DEVICE PAYMENTS REPORT: Market opportunities, top stakeholders, and new use cases for the next frontier in paymentshttp://www.businessinsider.com/connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7
Wed, 19 Oct 2016 16:03:00 -0400Evan Bakker
<p><img style="float:right;" src="http://static6.businessinsider.com/image/5786649d88e4a7dd488b6eab-400-/bii-payment enabled wearable shipments forecast.png" alt="BII payment enabled wearable shipments forecast" width="400" data-mce-source="BI Intelligence" /></p><p></p>
<p>The rapid expansion of the Internet of Things (IoT) offers payments companies an opportunity to expand beyond mobile phones, cards, and point-of-sale devices, to a broad and diverse ecosystem of internet-connected devices.</p>
<p>We forecast that there will be 24 billion connected devices installed globally by 2020, up from nearly 7 billion today. And over 5 billion will be consumer connected devices by 2020, representing a massive expansion of touchpoints that could eventually offer payments functionality.</p>
<p>A recent report from BI Intelligence dives into&nbsp;the budding industry of connected device payments, providing&nbsp;a rundown of the stakeholders driving innovation in wearables, connected cars, and connected home devices. It also gauges the impact of new payment devices on different payments companies, along with how these devices could shift consumer purchasing behavior.</p>
<p><strong><em style="line-height: 1.5em;">Here are some of the key takeaways:</em></strong></p>
<ul>
<li>The Internet of Things is ushering in a new era for payments companies and manufacturers.<strong style="font-weight: bold; color: #222222; font-family: Helvetica, Arial, sans-serif; font-size: 15px; font-style: normal; font-variant: normal; letter-spacing: normal; line-height: 22.5px; orphans: auto; text-align: left; text-indent: 0px; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff;">&nbsp;</strong>The rapid expansion of the Internet of Things (IoT) offers an opportunity to facilitate payments beyond mobile phones, cards, and point-of-sale terminals, on a broad and diverse ecosystem of internet-connected devices.&nbsp;</li>
<li>More transactions could eventually pass through connected devices than smartphones.&nbsp;We estimate there will be 24 billion of these devices by 2020, with 5 billion of them being consumer-facing. This represents a massive expansion of touchpoints where payments could be enabled.</li>
<li>Card networks have developed a basic framework to enable commerce in everyday devices.&nbsp;Visa and MasterCard are creating the underlying infrastructure to support the standardization of payments integration and stake themselves out as the key connected payments gatekeepers. Their payment platforms are universal, allowing digital payments to grow without being tied to the success of a particular manufacturer.</li>
<li>Consumer-facing <a href="http://www.businessinsider.com/top-internet-of-things-companies-to-watch-invest-2016-8">IoT companies</a> have much to gain from enabling payments in their devices, including improving the value of the device, being able to cross-sell products through the device, and laying the groundwork for future opportunities to earn incremental revenue.&nbsp;For payments companies, connected payments offer a new revenue stream and an opportunity to gain market share ahead of competitors.</li>
<li>Wearables, connected cars, and smart home devices will be the top connected payments product categories.</li>
</ul>
<p><strong><em>In full, the report:</em></strong></p>
<ul>
<li>Frames the opportunity for embedding commerce capabilities in new devices.</li>
<li>Explains how a device becomes commerce-enabled.</li>
<li>Discusses the potential for payment-enabled&nbsp;wearables, connected cars, and smart home devices.</li>
<li>Examines the impact of connected payments on key stakeholders.</li>
</ul>
<p><strong>&nbsp;<em>Interested in getting the full report? Here are two&nbsp;ways to access it:</em></strong></p>
<ol>
<li>Subscribe to an&nbsp;<strong><em>All-Access</em></strong>&nbsp;pass to BI Intelligence and gain immediate access to this report and over 100 other expertly researched reports. As an added bonus, you'll also gain access to all future reports and daily newsletters to ensure&nbsp;you stay ahead of the curve and benefit personally and professionally. &gt;&gt; <strong><a href="http://www.businessinsider.com/intelligence/bi-intelligence-fintech-and-payments-research-bundle?IR=T&amp;utm_source=businessinsider&amp;utm_medium=report_teaser&amp;utm_term=report_teaser_subscription_text_link_connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7&amp;utm_content=subscription_report_teaser_text_link&amp;utm_campaign=report_teaser_subscription_link&amp;vertical=fintech">Learn More&nbsp;Now</a></strong></li>
<li>Purchase &amp; download the full report from&nbsp;our research store. &gt;&gt; <strong><a href="http://www.businessinsider.com/intelligence/research-store?IR=T&amp;utm_source=businessinsider&amp;utm_medium=report_teaser&amp;utm_term=report_teaser_store_text_link_connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7&amp;utm_content=report_store_report_teaser_text_link&amp;utm_campaign=report_teaser_store_link&amp;vertical=payments#!/The-Connected-Device-Payments-Report/p/68680278/">Purchase &amp; Download Now</a></strong></li>
</ol><p><a href="http://www.businessinsider.com/connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7#comments">Join the conversation about this story &#187;</a></p> http://www.businessinsider.com/connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7THE CONNECTED DEVICE PAYMENTS REPORT: Market opportunities, top stakeholders, and new use cases for the next frontier in paymentshttp://www.businessinsider.com/connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7
Sat, 15 Oct 2016 16:04:00 -0400Evan Bakker
<p><img style="float:right;" src="http://static6.businessinsider.com/image/5786649d88e4a7dd488b6eab-400-/bii-payment enabled wearable shipments forecast.png" alt="BII payment enabled wearable shipments forecast" width="400" data-mce-source="BI Intelligence" /></p><p></p>
<p>The rapid expansion of the Internet of Things (IoT) offers payments companies an opportunity to expand beyond mobile phones, cards, and point-of-sale devices, to a broad and diverse ecosystem of internet-connected devices.</p>
<p>We forecast that there will be 24 billion connected devices installed globally by 2020, up from nearly 7 billion today. And over 5 billion will be consumer connected devices by 2020, representing a massive expansion of touchpoints that could eventually offer payments functionality.</p>
<p>A recent report from BI Intelligence dives into&nbsp;the budding industry of connected device payments, providing&nbsp;a rundown of the stakeholders driving innovation in wearables, connected cars, and connected home devices. It also gauges the impact of new payment devices on different payments companies, along with how these devices could shift consumer purchasing behavior.</p>
<p><strong><em style="line-height: 1.5em;">Here are some of the key takeaways:</em></strong></p>
<ul>
<li>The Internet of Things is ushering in a new era for payments companies and manufacturers.<strong style="font-weight: bold; color: #222222; font-family: Helvetica, Arial, sans-serif; font-size: 15px; font-style: normal; font-variant: normal; letter-spacing: normal; line-height: 22.5px; orphans: auto; text-align: left; text-indent: 0px; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff;">&nbsp;</strong>The rapid expansion of the Internet of Things (IoT) offers an opportunity to facilitate payments beyond mobile phones, cards, and point-of-sale terminals, on a broad and diverse ecosystem of internet-connected devices.&nbsp;</li>
<li>More transactions could eventually pass through connected devices than smartphones.&nbsp;We estimate there will be 24 billion of these devices by 2020, with 5 billion of them being consumer-facing. This represents a massive expansion of touchpoints where payments could be enabled.</li>
<li>Card networks have developed a basic framework to enable commerce in everyday devices.&nbsp;Visa and MasterCard are creating the underlying infrastructure to support the standardization of payments integration and stake themselves out as the key connected payments gatekeepers. Their payment platforms are universal, allowing digital payments to grow without being tied to the success of a particular manufacturer.</li>
<li>Consumer-facing <a href="http://www.businessinsider.com/top-internet-of-things-companies-to-watch-invest-2016-8">IoT companies</a> have much to gain from enabling payments in their devices, including improving the value of the device, being able to cross-sell products through the device, and laying the groundwork for future opportunities to earn incremental revenue.&nbsp;For payments companies, connected payments offer a new revenue stream and an opportunity to gain market share ahead of competitors.</li>
<li>Wearables, connected cars, and smart home devices will be the top connected payments product categories.</li>
</ul>
<p><strong><em>In full, the report:</em></strong></p>
<ul>
<li>Frames the opportunity for embedding commerce capabilities in new devices.</li>
<li>Explains how a device becomes commerce-enabled.</li>
<li>Discusses the potential for payment-enabled&nbsp;wearables, connected cars, and smart home devices.</li>
<li>Examines the impact of connected payments on key stakeholders.</li>
</ul>
<p><strong>&nbsp;<em>Interested in getting the full report? Here are two&nbsp;ways to access it:</em></strong></p>
<ol>
<li>Subscribe to an&nbsp;<strong><em>All-Access</em></strong>&nbsp;pass to BI Intelligence and gain immediate access to this report and over 100 other expertly researched reports. As an added bonus, you'll also gain access to all future reports and daily newsletters to ensure&nbsp;you stay ahead of the curve and benefit personally and professionally. &gt;&gt; <strong><a href="http://www.businessinsider.com/intelligence/bi-intelligence-fintech-and-payments-research-bundle?IR=T&amp;utm_source=businessinsider&amp;utm_medium=report_teaser&amp;utm_term=report_teaser_subscription_text_link_connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7&amp;utm_content=subscription_report_teaser_text_link&amp;utm_campaign=report_teaser_subscription_link&amp;vertical=fintech">Learn More&nbsp;Now</a></strong></li>
<li>Purchase &amp; download the full report from&nbsp;our research store. &gt;&gt; <strong><a href="http://www.businessinsider.com/intelligence/research-store?IR=T&amp;utm_source=businessinsider&amp;utm_medium=report_teaser&amp;utm_term=report_teaser_store_text_link_connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7&amp;utm_content=report_store_report_teaser_text_link&amp;utm_campaign=report_teaser_store_link&amp;vertical=payments#!/The-Connected-Device-Payments-Report/p/68680278/">Purchase &amp; Download Now</a></strong></li>
</ol><p><a href="http://www.businessinsider.com/connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7#comments">Join the conversation about this story &#187;</a></p> http://www.businessinsider.com/connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7THE CONNECTED DEVICE PAYMENTS REPORT: Market opportunities, top stakeholders, and new use cases for the next frontier in paymentshttp://www.businessinsider.com/connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7
Sat, 15 Oct 2016 00:02:00 -0400Evan Bakker
<p><img style="float:right;" src="http://static6.businessinsider.com/image/5786649d88e4a7dd488b6eab-400-/bii-payment enabled wearable shipments forecast.png" alt="BII payment enabled wearable shipments forecast" width="400" data-mce-source="BI Intelligence" /></p><p></p>
<p>The rapid expansion of the Internet of Things (IoT) offers payments companies an opportunity to expand beyond mobile phones, cards, and point-of-sale devices, to a broad and diverse ecosystem of internet-connected devices.</p>
<p>We forecast that there will be 24 billion connected devices installed globally by 2020, up from nearly 7 billion today. And over 5 billion will be consumer connected devices by 2020, representing a massive expansion of touchpoints that could eventually offer payments functionality.</p>
<p>A recent report from BI Intelligence dives into&nbsp;the budding industry of connected device payments, providing&nbsp;a rundown of the stakeholders driving innovation in wearables, connected cars, and connected home devices. It also gauges the impact of new payment devices on different payments companies, along with how these devices could shift consumer purchasing behavior.</p>
<p><strong><em style="line-height: 1.5em;">Here are some of the key takeaways:</em></strong></p>
<ul>
<li>The Internet of Things is ushering in a new era for payments companies and manufacturers.<strong style="font-weight: bold; color: #222222; font-family: Helvetica, Arial, sans-serif; font-size: 15px; font-style: normal; font-variant: normal; letter-spacing: normal; line-height: 22.5px; orphans: auto; text-align: left; text-indent: 0px; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff;">&nbsp;</strong>The rapid expansion of the Internet of Things (IoT) offers an opportunity to facilitate payments beyond mobile phones, cards, and point-of-sale terminals, on a broad and diverse ecosystem of internet-connected devices.&nbsp;</li>
<li>More transactions could eventually pass through connected devices than smartphones.&nbsp;We estimate there will be 24 billion of these devices by 2020, with 5 billion of them being consumer-facing. This represents a massive expansion of touchpoints where payments could be enabled.</li>
<li>Card networks have developed a basic framework to enable commerce in everyday devices.&nbsp;Visa and MasterCard are creating the underlying infrastructure to support the standardization of payments integration and stake themselves out as the key connected payments gatekeepers. Their payment platforms are universal, allowing digital payments to grow without being tied to the success of a particular manufacturer.</li>
<li>Consumer-facing <a href="http://www.businessinsider.com/top-internet-of-things-companies-to-watch-invest-2016-8">IoT companies</a> have much to gain from enabling payments in their devices, including improving the value of the device, being able to cross-sell products through the device, and laying the groundwork for future opportunities to earn incremental revenue.&nbsp;For payments companies, connected payments offer a new revenue stream and an opportunity to gain market share ahead of competitors.</li>
<li>Wearables, connected cars, and smart home devices will be the top connected payments product categories.</li>
</ul>
<p><strong><em>In full, the report:</em></strong></p>
<ul>
<li>Frames the opportunity for embedding commerce capabilities in new devices.</li>
<li>Explains how a device becomes commerce-enabled.</li>
<li>Discusses the potential for payment-enabled&nbsp;wearables, connected cars, and smart home devices.</li>
<li>Examines the impact of connected payments on key stakeholders.</li>
</ul>
<p><strong>&nbsp;<em>Interested in getting the full report? Here are two&nbsp;ways to access it:</em></strong></p>
<ol>
<li>Subscribe to an&nbsp;<strong><em>All-Access</em></strong>&nbsp;pass to BI Intelligence and gain immediate access to this report and over 100 other expertly researched reports. As an added bonus, you'll also gain access to all future reports and daily newsletters to ensure&nbsp;you stay ahead of the curve and benefit personally and professionally. &gt;&gt; <strong><a href="http://www.businessinsider.com/intelligence/bi-intelligence-fintech-and-payments-research-bundle?IR=T&amp;utm_source=businessinsider&amp;utm_medium=report_teaser&amp;utm_term=report_teaser_subscription_text_link_connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7&amp;utm_content=subscription_report_teaser_text_link&amp;utm_campaign=report_teaser_subscription_link&amp;vertical=fintech">Learn More&nbsp;Now</a></strong></li>
<li>Purchase &amp; download the full report from&nbsp;our research store. &gt;&gt; <strong><a href="http://www.businessinsider.com/intelligence/research-store?IR=T&amp;utm_source=businessinsider&amp;utm_medium=report_teaser&amp;utm_term=report_teaser_store_text_link_connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7&amp;utm_content=report_store_report_teaser_text_link&amp;utm_campaign=report_teaser_store_link&amp;vertical=payments#!/The-Connected-Device-Payments-Report/p/68680278/">Purchase &amp; Download Now</a></strong></li>
</ol><p><a href="http://www.businessinsider.com/connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7#comments">Join the conversation about this story &#187;</a></p> http://www.businessinsider.com/connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7THE CONNECTED DEVICE PAYMENTS REPORT: Market opportunities, top stakeholders, and new use cases for the next frontier in paymentshttp://www.businessinsider.com/connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7
Wed, 12 Oct 2016 09:03:00 -0400Evan Bakker
<p><img style="float:right;" src="http://static6.businessinsider.com/image/5786649d88e4a7dd488b6eab-400-/bii-payment enabled wearable shipments forecast.png" alt="BII payment enabled wearable shipments forecast" width="400" data-mce-source="BI Intelligence" /></p><p></p>
<p>The rapid expansion of the Internet of Things (IoT) offers payments companies an opportunity to expand beyond mobile phones, cards, and point-of-sale devices, to a broad and diverse ecosystem of internet-connected devices.</p>
<p>We forecast that there will be 24 billion connected devices installed globally by 2020, up from nearly 7 billion today. And over 5 billion will be consumer connected devices by 2020, representing a massive expansion of touchpoints that could eventually offer payments functionality.</p>
<p>A recent report from BI Intelligence dives into&nbsp;the budding industry of connected device payments, providing&nbsp;a rundown of the stakeholders driving innovation in wearables, connected cars, and connected home devices. It also gauges the impact of new payment devices on different payments companies, along with how these devices could shift consumer purchasing behavior.</p>
<p><strong><em style="line-height: 1.5em;">Here are some of the key takeaways:</em></strong></p>
<ul>
<li>The Internet of Things is ushering in a new era for payments companies and manufacturers.<strong style="font-weight: bold; color: #222222; font-family: Helvetica, Arial, sans-serif; font-size: 15px; font-style: normal; font-variant: normal; letter-spacing: normal; line-height: 22.5px; orphans: auto; text-align: left; text-indent: 0px; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff;">&nbsp;</strong>The rapid expansion of the Internet of Things (IoT) offers an opportunity to facilitate payments beyond mobile phones, cards, and point-of-sale terminals, on a broad and diverse ecosystem of internet-connected devices.&nbsp;</li>
<li>More transactions could eventually pass through connected devices than smartphones.&nbsp;We estimate there will be 24 billion of these devices by 2020, with 5 billion of them being consumer-facing. This represents a massive expansion of touchpoints where payments could be enabled.</li>
<li>Card networks have developed a basic framework to enable commerce in everyday devices.&nbsp;Visa and MasterCard are creating the underlying infrastructure to support the standardization of payments integration and stake themselves out as the key connected payments gatekeepers. Their payment platforms are universal, allowing digital payments to grow without being tied to the success of a particular manufacturer.</li>
<li>Consumer-facing <a href="http://www.businessinsider.com/top-internet-of-things-companies-to-watch-invest-2016-8">IoT companies</a> have much to gain from enabling payments in their devices, including improving the value of the device, being able to cross-sell products through the device, and laying the groundwork for future opportunities to earn incremental revenue.&nbsp;For payments companies, connected payments offer a new revenue stream and an opportunity to gain market share ahead of competitors.</li>
<li>Wearables, connected cars, and smart home devices will be the top connected payments product categories.</li>
</ul>
<p><strong><em>In full, the report:</em></strong></p>
<ul>
<li>Frames the opportunity for embedding commerce capabilities in new devices.</li>
<li>Explains how a device becomes commerce-enabled.</li>
<li>Discusses the potential for payment-enabled&nbsp;wearables, connected cars, and smart home devices.</li>
<li>Examines the impact of connected payments on key stakeholders.</li>
</ul>
<p><strong>&nbsp;<em>Interested in getting the full report? Here are two&nbsp;ways to access it:</em></strong></p>
<ol>
<li>Subscribe to an&nbsp;<strong><em>All-Access</em></strong>&nbsp;pass to BI Intelligence and gain immediate access to this report and over 100 other expertly researched reports. As an added bonus, you'll also gain access to all future reports and daily newsletters to ensure&nbsp;you stay ahead of the curve and benefit personally and professionally. &gt;&gt; <strong><a href="http://www.businessinsider.com/intelligence/bi-intelligence-fintech-and-payments-research-bundle?IR=T&amp;utm_source=businessinsider&amp;utm_medium=report_teaser&amp;utm_term=report_teaser_subscription_text_link_connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7&amp;utm_content=subscription_report_teaser_text_link&amp;utm_campaign=report_teaser_subscription_link&amp;vertical=fintech">Learn More&nbsp;Now</a></strong></li>
<li>Purchase &amp; download the full report from&nbsp;our research store. &gt;&gt; <strong><a href="http://www.businessinsider.com/intelligence/research-store?IR=T&amp;utm_source=businessinsider&amp;utm_medium=report_teaser&amp;utm_term=report_teaser_store_text_link_connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7&amp;utm_content=report_store_report_teaser_text_link&amp;utm_campaign=report_teaser_store_link&amp;vertical=payments#!/The-Connected-Device-Payments-Report/p/68680278/">Purchase &amp; Download Now</a></strong></li>
</ol><p><a href="http://www.businessinsider.com/connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7#comments">Join the conversation about this story &#187;</a></p> http://www.businessinsider.com/connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7THE CONNECTED DEVICE PAYMENTS REPORT: Market opportunities, top stakeholders, and new use cases for the next frontier in paymentshttp://www.businessinsider.com/connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7
Sun, 09 Oct 2016 07:01:00 -0400Evan Bakker
<p><img style="float:right;" src="http://static6.businessinsider.com/image/5786649d88e4a7dd488b6eab-400-/bii-payment enabled wearable shipments forecast.png" alt="BII payment enabled wearable shipments forecast" width="400" data-mce-source="BI Intelligence" /></p><p></p>
<p>The rapid expansion of the Internet of Things (IoT) offers payments companies an opportunity to expand beyond mobile phones, cards, and point-of-sale devices, to a broad and diverse ecosystem of internet-connected devices.</p>
<p>We forecast that there will be 24 billion connected devices installed globally by 2020, up from nearly 7 billion today. And over 5 billion will be consumer connected devices by 2020, representing a massive expansion of touchpoints that could eventually offer payments functionality.</p>
<p>A recent report from BI Intelligence dives into&nbsp;the budding industry of connected device payments, providing&nbsp;a rundown of the stakeholders driving innovation in wearables, connected cars, and connected home devices. It also gauges the impact of new payment devices on different payments companies, along with how these devices could shift consumer purchasing behavior.</p>
<p><strong><em style="line-height: 1.5em;">Here are some of the key takeaways:</em></strong></p>
<ul>
<li>The Internet of Things is ushering in a new era for payments companies and manufacturers.<strong style="font-weight: bold; color: #222222; font-family: Helvetica, Arial, sans-serif; font-size: 15px; font-style: normal; font-variant: normal; letter-spacing: normal; line-height: 22.5px; orphans: auto; text-align: left; text-indent: 0px; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff;">&nbsp;</strong>The rapid expansion of the Internet of Things (IoT) offers an opportunity to facilitate payments beyond mobile phones, cards, and point-of-sale terminals, on a broad and diverse ecosystem of internet-connected devices.&nbsp;</li>
<li>More transactions could eventually pass through connected devices than smartphones.&nbsp;We estimate there will be 24 billion of these devices by 2020, with 5 billion of them being consumer-facing. This represents a massive expansion of touchpoints where payments could be enabled.</li>
<li>Card networks have developed a basic framework to enable commerce in everyday devices.&nbsp;Visa and MasterCard are creating the underlying infrastructure to support the standardization of payments integration and stake themselves out as the key connected payments gatekeepers. Their payment platforms are universal, allowing digital payments to grow without being tied to the success of a particular manufacturer.</li>
<li>Consumer-facing <a href="http://www.businessinsider.com/top-internet-of-things-companies-to-watch-invest-2016-8">IoT companies</a> have much to gain from enabling payments in their devices, including improving the value of the device, being able to cross-sell products through the device, and laying the groundwork for future opportunities to earn incremental revenue.&nbsp;For payments companies, connected payments offer a new revenue stream and an opportunity to gain market share ahead of competitors.</li>
<li>Wearables, connected cars, and smart home devices will be the top connected payments product categories.</li>
</ul>
<p><strong><em>In full, the report:</em></strong></p>
<ul>
<li>Frames the opportunity for embedding commerce capabilities in new devices.</li>
<li>Explains how a device becomes commerce-enabled.</li>
<li>Discusses the potential for payment-enabled&nbsp;wearables, connected cars, and smart home devices.</li>
<li>Examines the impact of connected payments on key stakeholders.</li>
</ul>
<p><strong>&nbsp;<em>Interested in getting the full report? Here are two&nbsp;ways to access it:</em></strong></p>
<ol>
<li>Subscribe to an&nbsp;<strong><em>All-Access</em></strong>&nbsp;pass to BI Intelligence and gain immediate access to this report and over 100 other expertly researched reports. As an added bonus, you'll also gain access to all future reports and daily newsletters to ensure&nbsp;you stay ahead of the curve and benefit personally and professionally. &gt;&gt; <strong><a href="http://www.businessinsider.com/intelligence/bi-intelligence-fintech-and-payments-research-bundle?IR=T&amp;utm_source=businessinsider&amp;utm_medium=report_teaser&amp;utm_term=report_teaser_subscription_text_link_connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7&amp;utm_content=subscription_report_teaser_text_link&amp;utm_campaign=report_teaser_subscription_link&amp;vertical=fintech">Learn More&nbsp;Now</a></strong></li>
<li>Purchase &amp; download the full report from&nbsp;our research store. &gt;&gt; <strong><a href="http://www.businessinsider.com/intelligence/research-store?IR=T&amp;utm_source=businessinsider&amp;utm_medium=report_teaser&amp;utm_term=report_teaser_store_text_link_connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7&amp;utm_content=report_store_report_teaser_text_link&amp;utm_campaign=report_teaser_store_link&amp;vertical=payments#!/The-Connected-Device-Payments-Report/p/68680278/">Purchase &amp; Download Now</a></strong></li>
</ol><p><a href="http://www.businessinsider.com/connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7#comments">Join the conversation about this story &#187;</a></p> http://www.businessinsider.com/connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7THE CONNECTED DEVICE PAYMENTS REPORT: Market opportunities, top stakeholders, and new use cases for the next frontier in paymentshttp://www.businessinsider.com/connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7
Fri, 07 Oct 2016 16:04:00 -0400Evan Bakker
<p><img style="float:right;" src="http://static6.businessinsider.com/image/5786649d88e4a7dd488b6eab-400-/bii-payment enabled wearable shipments forecast.png" alt="BII payment enabled wearable shipments forecast" width="400" data-mce-source="BI Intelligence" /></p><p></p>
<p>The rapid expansion of the Internet of Things (IoT) offers payments companies an opportunity to expand beyond mobile phones, cards, and point-of-sale devices, to a broad and diverse ecosystem of internet-connected devices.</p>
<p>We forecast that there will be 24 billion connected devices installed globally by 2020, up from nearly 7 billion today. And over 5 billion will be consumer connected devices by 2020, representing a massive expansion of touchpoints that could eventually offer payments functionality.</p>
<p>A recent report from BI Intelligence dives into&nbsp;the budding industry of connected device payments, providing&nbsp;a rundown of the stakeholders driving innovation in wearables, connected cars, and connected home devices. It also gauges the impact of new payment devices on different payments companies, along with how these devices could shift consumer purchasing behavior.</p>
<p><strong><em style="line-height: 1.5em;">Here are some of the key takeaways:</em></strong></p>
<ul>
<li>The Internet of Things is ushering in a new era for payments companies and manufacturers.<strong style="font-weight: bold; color: #222222; font-family: Helvetica, Arial, sans-serif; font-size: 15px; font-style: normal; font-variant: normal; letter-spacing: normal; line-height: 22.5px; orphans: auto; text-align: left; text-indent: 0px; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff;">&nbsp;</strong>The rapid expansion of the Internet of Things (IoT) offers an opportunity to facilitate payments beyond mobile phones, cards, and point-of-sale terminals, on a broad and diverse ecosystem of internet-connected devices.&nbsp;</li>
<li>More transactions could eventually pass through connected devices than smartphones.&nbsp;We estimate there will be 24 billion of these devices by 2020, with 5 billion of them being consumer-facing. This represents a massive expansion of touchpoints where payments could be enabled.</li>
<li>Card networks have developed a basic framework to enable commerce in everyday devices.&nbsp;Visa and MasterCard are creating the underlying infrastructure to support the standardization of payments integration and stake themselves out as the key connected payments gatekeepers. Their payment platforms are universal, allowing digital payments to grow without being tied to the success of a particular manufacturer.</li>
<li>Consumer-facing <a href="http://www.businessinsider.com/top-internet-of-things-companies-to-watch-invest-2016-8">IoT companies</a> have much to gain from enabling payments in their devices, including improving the value of the device, being able to cross-sell products through the device, and laying the groundwork for future opportunities to earn incremental revenue.&nbsp;For payments companies, connected payments offer a new revenue stream and an opportunity to gain market share ahead of competitors.</li>
<li>Wearables, connected cars, and smart home devices will be the top connected payments product categories.</li>
</ul>
<p><strong><em>In full, the report:</em></strong></p>
<ul>
<li>Frames the opportunity for embedding commerce capabilities in new devices.</li>
<li>Explains how a device becomes commerce-enabled.</li>
<li>Discusses the potential for payment-enabled&nbsp;wearables, connected cars, and smart home devices.</li>
<li>Examines the impact of connected payments on key stakeholders.</li>
</ul>
<p><strong>&nbsp;<em>Interested in getting the full report? Here are two&nbsp;ways to access it:</em></strong></p>
<ol>
<li>Subscribe to an&nbsp;<strong><em>All-Access</em></strong>&nbsp;pass to BI Intelligence and gain immediate access to this report and over 100 other expertly researched reports. As an added bonus, you'll also gain access to all future reports and daily newsletters to ensure&nbsp;you stay ahead of the curve and benefit personally and professionally. &gt;&gt; <strong><a href="http://www.businessinsider.com/intelligence/bi-intelligence-fintech-and-payments-research-bundle?IR=T&amp;utm_source=businessinsider&amp;utm_medium=report_teaser&amp;utm_term=report_teaser_subscription_text_link_connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7&amp;utm_content=subscription_report_teaser_text_link&amp;utm_campaign=report_teaser_subscription_link&amp;vertical=fintech">Learn More&nbsp;Now</a></strong></li>
<li>Purchase &amp; download the full report from&nbsp;our research store. &gt;&gt; <strong><a href="http://www.businessinsider.com/intelligence/research-store?IR=T&amp;utm_source=businessinsider&amp;utm_medium=report_teaser&amp;utm_term=report_teaser_store_text_link_connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7&amp;utm_content=report_store_report_teaser_text_link&amp;utm_campaign=report_teaser_store_link&amp;vertical=payments#!/The-Connected-Device-Payments-Report/p/68680278/">Purchase &amp; Download Now</a></strong></li>
</ol><p><a href="http://www.businessinsider.com/connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7#comments">Join the conversation about this story &#187;</a></p> http://www.businessinsider.com/connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7THE CONNECTED DEVICE PAYMENTS REPORT: Market opportunities, top stakeholders, and new use cases for the next frontier in paymentshttp://www.businessinsider.com/connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7
Wed, 05 Oct 2016 00:01:00 -0400Evan Bakker
<p><img style="float:right;" src="http://static6.businessinsider.com/image/5786649d88e4a7dd488b6eab-400-/bii-payment enabled wearable shipments forecast.png" alt="BII payment enabled wearable shipments forecast" width="400" data-mce-source="BI Intelligence" /></p><p></p>
<p>The rapid expansion of the Internet of Things (IoT) offers payments companies an opportunity to expand beyond mobile phones, cards, and point-of-sale devices, to a broad and diverse ecosystem of internet-connected devices.</p>
<p>We forecast that there will be 24 billion connected devices installed globally by 2020, up from nearly 7 billion today. And over 5 billion will be consumer connected devices by 2020, representing a massive expansion of touchpoints that could eventually offer payments functionality.</p>
<p>A recent report from BI Intelligence dives into&nbsp;the budding industry of connected device payments, providing&nbsp;a rundown of the stakeholders driving innovation in wearables, connected cars, and connected home devices. It also gauges the impact of new payment devices on different payments companies, along with how these devices could shift consumer purchasing behavior.</p>
<p><strong><em style="line-height: 1.5em;">Here are some of the key takeaways:</em></strong></p>
<ul>
<li>The Internet of Things is ushering in a new era for payments companies and manufacturers.<strong style="font-weight: bold; color: #222222; font-family: Helvetica, Arial, sans-serif; font-size: 15px; font-style: normal; font-variant: normal; letter-spacing: normal; line-height: 22.5px; orphans: auto; text-align: left; text-indent: 0px; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff;">&nbsp;</strong>The rapid expansion of the Internet of Things (IoT) offers an opportunity to facilitate payments beyond mobile phones, cards, and point-of-sale terminals, on a broad and diverse ecosystem of internet-connected devices.&nbsp;</li>
<li>More transactions could eventually pass through connected devices than smartphones.&nbsp;We estimate there will be 24 billion of these devices by 2020, with 5 billion of them being consumer-facing. This represents a massive expansion of touchpoints where payments could be enabled.</li>
<li>Card networks have developed a basic framework to enable commerce in everyday devices.&nbsp;Visa and MasterCard are creating the underlying infrastructure to support the standardization of payments integration and stake themselves out as the key connected payments gatekeepers. Their payment platforms are universal, allowing digital payments to grow without being tied to the success of a particular manufacturer.</li>
<li>Consumer-facing <a href="http://www.businessinsider.com/top-internet-of-things-companies-to-watch-invest-2016-8">IoT companies</a> have much to gain from enabling payments in their devices, including improving the value of the device, being able to cross-sell products through the device, and laying the groundwork for future opportunities to earn incremental revenue.&nbsp;For payments companies, connected payments offer a new revenue stream and an opportunity to gain market share ahead of competitors.</li>
<li>Wearables, connected cars, and smart home devices will be the top connected payments product categories.</li>
</ul>
<p><strong><em>In full, the report:</em></strong></p>
<ul>
<li>Frames the opportunity for embedding commerce capabilities in new devices.</li>
<li>Explains how a device becomes commerce-enabled.</li>
<li>Discusses the potential for payment-enabled&nbsp;wearables, connected cars, and smart home devices.</li>
<li>Examines the impact of connected payments on key stakeholders.</li>
</ul>
<p><strong>&nbsp;<em>Interested in getting the full report? Here are two&nbsp;ways to access it:</em></strong></p>
<ol>
<li>Subscribe to an&nbsp;<strong><em>All-Access</em></strong>&nbsp;pass to BI Intelligence and gain immediate access to this report and over 100 other expertly researched reports. As an added bonus, you'll also gain access to all future reports and daily newsletters to ensure&nbsp;you stay ahead of the curve and benefit personally and professionally. &gt;&gt; <strong><a href="http://www.businessinsider.com/intelligence/bi-intelligence-fintech-and-payments-research-bundle?IR=T&amp;utm_source=businessinsider&amp;utm_medium=report_teaser&amp;utm_term=report_teaser_subscription_text_link_connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7&amp;utm_content=subscription_report_teaser_text_link&amp;utm_campaign=report_teaser_subscription_link&amp;vertical=fintech">Learn More&nbsp;Now</a></strong></li>
<li>Purchase &amp; download the full report from&nbsp;our research store. &gt;&gt; <strong><a href="http://www.businessinsider.com/intelligence/research-store?IR=T&amp;utm_source=businessinsider&amp;utm_medium=report_teaser&amp;utm_term=report_teaser_store_text_link_connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7&amp;utm_content=report_store_report_teaser_text_link&amp;utm_campaign=report_teaser_store_link&amp;vertical=payments#!/The-Connected-Device-Payments-Report/p/68680278/">Purchase &amp; Download Now</a></strong></li>
</ol><p><a href="http://www.businessinsider.com/connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7#comments">Join the conversation about this story &#187;</a></p> http://www.businessinsider.com/connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7THE CONNECTED DEVICE PAYMENTS REPORT: Market opportunities, top stakeholders, and new use cases for the next frontier in paymentshttp://www.businessinsider.com/connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7
Sat, 01 Oct 2016 00:02:00 -0400Evan Bakker
<p><img style="float:right;" src="http://static6.businessinsider.com/image/5786649d88e4a7dd488b6eab-400-/bii-payment enabled wearable shipments forecast.png" alt="BII payment enabled wearable shipments forecast" width="400" data-mce-source="BI Intelligence" /></p><p></p>
<p>The rapid expansion of the Internet of Things (IoT) offers payments companies an opportunity to expand beyond mobile phones, cards, and point-of-sale devices, to a broad and diverse ecosystem of internet-connected devices.</p>
<p>We forecast that there will be 24 billion connected devices installed globally by 2020, up from nearly 7 billion today. And over 5 billion will be consumer connected devices by 2020, representing a massive expansion of touchpoints that could eventually offer payments functionality.</p>
<p>A recent report from BI Intelligence dives into&nbsp;the budding industry of connected device payments, providing&nbsp;a rundown of the stakeholders driving innovation in wearables, connected cars, and connected home devices. It also gauges the impact of new payment devices on different payments companies, along with how these devices could shift consumer purchasing behavior.</p>
<p><strong><em style="line-height: 1.5em;">Here are some of the key takeaways:</em></strong></p>
<ul>
<li>The Internet of Things is ushering in a new era for payments companies and manufacturers.<strong style="font-weight: bold; color: #222222; font-family: Helvetica, Arial, sans-serif; font-size: 15px; font-style: normal; font-variant: normal; letter-spacing: normal; line-height: 22.5px; orphans: auto; text-align: left; text-indent: 0px; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff;">&nbsp;</strong>The rapid expansion of the Internet of Things (IoT) offers an opportunity to facilitate payments beyond mobile phones, cards, and point-of-sale terminals, on a broad and diverse ecosystem of internet-connected devices.&nbsp;</li>
<li>More transactions could eventually pass through connected devices than smartphones.&nbsp;We estimate there will be 24 billion of these devices by 2020, with 5 billion of them being consumer-facing. This represents a massive expansion of touchpoints where payments could be enabled.</li>
<li>Card networks have developed a basic framework to enable commerce in everyday devices.&nbsp;Visa and MasterCard are creating the underlying infrastructure to support the standardization of payments integration and stake themselves out as the key connected payments gatekeepers. Their payment platforms are universal, allowing digital payments to grow without being tied to the success of a particular manufacturer.</li>
<li>Consumer-facing <a href="http://www.businessinsider.com/top-internet-of-things-companies-to-watch-invest-2016-8">IoT companies</a> have much to gain from enabling payments in their devices, including improving the value of the device, being able to cross-sell products through the device, and laying the groundwork for future opportunities to earn incremental revenue.&nbsp;For payments companies, connected payments offer a new revenue stream and an opportunity to gain market share ahead of competitors.</li>
<li>Wearables, connected cars, and smart home devices will be the top connected payments product categories.</li>
</ul>
<p><strong><em>In full, the report:</em></strong></p>
<ul>
<li>Frames the opportunity for embedding commerce capabilities in new devices.</li>
<li>Explains how a device becomes commerce-enabled.</li>
<li>Discusses the potential for payment-enabled&nbsp;wearables, connected cars, and smart home devices.</li>
<li>Examines the impact of connected payments on key stakeholders.</li>
</ul>
<p><strong>&nbsp;<em>Interested in getting the full report? Here are two&nbsp;ways to access it:</em></strong></p>
<ol>
<li>Subscribe to an&nbsp;<strong><em>All-Access</em></strong>&nbsp;pass to BI Intelligence and gain immediate access to this report and over 100 other expertly researched reports. As an added bonus, you'll also gain access to all future reports and daily newsletters to ensure&nbsp;you stay ahead of the curve and benefit personally and professionally. &gt;&gt; <strong><a href="http://www.businessinsider.com/intelligence/bi-intelligence-fintech-and-payments-research-bundle?IR=T&amp;utm_source=businessinsider&amp;utm_medium=report_teaser&amp;utm_term=report_teaser_subscription_text_link_connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7&amp;utm_content=subscription_report_teaser_text_link&amp;utm_campaign=report_teaser_subscription_link&amp;vertical=fintech">Learn More&nbsp;Now</a></strong></li>
<li>Purchase &amp; download the full report from&nbsp;our research store. &gt;&gt; <strong><a href="http://www.businessinsider.com/intelligence/research-store?IR=T&amp;utm_source=businessinsider&amp;utm_medium=report_teaser&amp;utm_term=report_teaser_store_text_link_connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7&amp;utm_content=report_store_report_teaser_text_link&amp;utm_campaign=report_teaser_store_link&amp;vertical=payments#!/The-Connected-Device-Payments-Report/p/68680278/">Purchase &amp; Download Now</a></strong></li>
</ol><p><a href="http://www.businessinsider.com/connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7#comments">Join the conversation about this story &#187;</a></p> http://www.businessinsider.com/connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7THE CONNECTED DEVICE PAYMENTS REPORT: Market opportunities, top stakeholders, and new use cases for the next frontier in paymentshttp://www.businessinsider.com/connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7
Thu, 29 Sep 2016 16:02:00 -0400Evan Bakker
<p><img style="float:right;" src="http://static6.businessinsider.com/image/5786649d88e4a7dd488b6eab-400-/bii-payment enabled wearable shipments forecast.png" alt="BII payment enabled wearable shipments forecast" width="400" data-mce-source="BI Intelligence" /></p><p></p>
<p>The rapid expansion of the Internet of Things (IoT) offers payments companies an opportunity to expand beyond mobile phones, cards, and point-of-sale devices, to a broad and diverse ecosystem of internet-connected devices.</p>
<p>We forecast that there will be 24 billion connected devices installed globally by 2020, up from nearly 7 billion today. And over 5 billion will be consumer connected devices by 2020, representing a massive expansion of touchpoints that could eventually offer payments functionality.</p>
<p>A recent report from BI Intelligence dives into&nbsp;the budding industry of connected device payments, providing&nbsp;a rundown of the stakeholders driving innovation in wearables, connected cars, and connected home devices. It also gauges the impact of new payment devices on different payments companies, along with how these devices could shift consumer purchasing behavior.</p>
<p><strong><em style="line-height: 1.5em;">Here are some of the key takeaways:</em></strong></p>
<ul>
<li>The Internet of Things is ushering in a new era for payments companies and manufacturers.<strong style="font-weight: bold; color: #222222; font-family: Helvetica, Arial, sans-serif; font-size: 15px; font-style: normal; font-variant: normal; letter-spacing: normal; line-height: 22.5px; orphans: auto; text-align: left; text-indent: 0px; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff;">&nbsp;</strong>The rapid expansion of the Internet of Things (IoT) offers an opportunity to facilitate payments beyond mobile phones, cards, and point-of-sale terminals, on a broad and diverse ecosystem of internet-connected devices.&nbsp;</li>
<li>More transactions could eventually pass through connected devices than smartphones.&nbsp;We estimate there will be 24 billion of these devices by 2020, with 5 billion of them being consumer-facing. This represents a massive expansion of touchpoints where payments could be enabled.</li>
<li>Card networks have developed a basic framework to enable commerce in everyday devices.&nbsp;Visa and MasterCard are creating the underlying infrastructure to support the standardization of payments integration and stake themselves out as the key connected payments gatekeepers. Their payment platforms are universal, allowing digital payments to grow without being tied to the success of a particular manufacturer.</li>
<li>Consumer-facing <a href="http://www.businessinsider.com/top-internet-of-things-companies-to-watch-invest-2016-8">IoT companies</a> have much to gain from enabling payments in their devices, including improving the value of the device, being able to cross-sell products through the device, and laying the groundwork for future opportunities to earn incremental revenue.&nbsp;For payments companies, connected payments offer a new revenue stream and an opportunity to gain market share ahead of competitors.</li>
<li>Wearables, connected cars, and smart home devices will be the top connected payments product categories.</li>
</ul>
<p><strong><em>In full, the report:</em></strong></p>
<ul>
<li>Frames the opportunity for embedding commerce capabilities in new devices.</li>
<li>Explains how a device becomes commerce-enabled.</li>
<li>Discusses the potential for payment-enabled&nbsp;wearables, connected cars, and smart home devices.</li>
<li>Examines the impact of connected payments on key stakeholders.</li>
</ul>
<p><strong>&nbsp;<em>Interested in getting the full report? Here are two&nbsp;ways to access it:</em></strong></p>
<ol>
<li>Subscribe to an&nbsp;<strong><em>All-Access</em></strong>&nbsp;pass to BI Intelligence and gain immediate access to this report and over 100 other expertly researched reports. As an added bonus, you'll also gain access to all future reports and daily newsletters to ensure&nbsp;you stay ahead of the curve and benefit personally and professionally. &gt;&gt; <strong><a href="http://www.businessinsider.com/intelligence/bi-intelligence-fintech-and-payments-research-bundle?IR=T&amp;utm_source=businessinsider&amp;utm_medium=report_teaser&amp;utm_term=report_teaser_subscription_text_link_connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7&amp;utm_content=subscription_report_teaser_text_link&amp;utm_campaign=report_teaser_subscription_link&amp;vertical=fintech">Learn More&nbsp;Now</a></strong></li>
<li>Purchase &amp; download the full report from&nbsp;our research store. &gt;&gt; <strong><a href="http://www.businessinsider.com/intelligence/research-store?IR=T&amp;utm_source=businessinsider&amp;utm_medium=report_teaser&amp;utm_term=report_teaser_store_text_link_connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7&amp;utm_content=report_store_report_teaser_text_link&amp;utm_campaign=report_teaser_store_link&amp;vertical=payments#!/The-Connected-Device-Payments-Report/p/68680278/">Purchase &amp; Download Now</a></strong></li>
</ol><p><a href="http://www.businessinsider.com/connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7#comments">Join the conversation about this story &#187;</a></p> http://www.businessinsider.com/connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7THE CONNECTED DEVICE PAYMENTS REPORT: Market opportunities, top stakeholders, and new use cases for the next frontier in paymentshttp://www.businessinsider.com/connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7
Wed, 28 Sep 2016 07:02:00 -0400Evan Bakker
<p><img style="float:right;" src="http://static6.businessinsider.com/image/5786649d88e4a7dd488b6eab-400-/bii-payment enabled wearable shipments forecast.png" alt="BII payment enabled wearable shipments forecast" width="400" data-mce-source="BI Intelligence" /></p><p></p>
<p>The rapid expansion of the Internet of Things (IoT) offers payments companies an opportunity to expand beyond mobile phones, cards, and point-of-sale devices, to a broad and diverse ecosystem of internet-connected devices.</p>
<p>We forecast that there will be 24 billion connected devices installed globally by 2020, up from nearly 7 billion today. And over 5 billion will be consumer connected devices by 2020, representing a massive expansion of touchpoints that could eventually offer payments functionality.</p>
<p>A recent report from BI Intelligence dives into&nbsp;the budding industry of connected device payments, providing&nbsp;a rundown of the stakeholders driving innovation in wearables, connected cars, and connected home devices. It also gauges the impact of new payment devices on different payments companies, along with how these devices could shift consumer purchasing behavior.</p>
<p><strong><em style="line-height: 1.5em;">Here are some of the key takeaways:</em></strong></p>
<ul>
<li>The Internet of Things is ushering in a new era for payments companies and manufacturers.<strong style="font-weight: bold; color: #222222; font-family: Helvetica, Arial, sans-serif; font-size: 15px; font-style: normal; font-variant: normal; letter-spacing: normal; line-height: 22.5px; orphans: auto; text-align: left; text-indent: 0px; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff;">&nbsp;</strong>The rapid expansion of the Internet of Things (IoT) offers an opportunity to facilitate payments beyond mobile phones, cards, and point-of-sale terminals, on a broad and diverse ecosystem of internet-connected devices.&nbsp;</li>
<li>More transactions could eventually pass through connected devices than smartphones.&nbsp;We estimate there will be 24 billion of these devices by 2020, with 5 billion of them being consumer-facing. This represents a massive expansion of touchpoints where payments could be enabled.</li>
<li>Card networks have developed a basic framework to enable commerce in everyday devices.&nbsp;Visa and MasterCard are creating the underlying infrastructure to support the standardization of payments integration and stake themselves out as the key connected payments gatekeepers. Their payment platforms are universal, allowing digital payments to grow without being tied to the success of a particular manufacturer.</li>
<li>Consumer-facing <a href="http://www.businessinsider.com/top-internet-of-things-companies-to-watch-invest-2016-8">IoT companies</a> have much to gain from enabling payments in their devices, including improving the value of the device, being able to cross-sell products through the device, and laying the groundwork for future opportunities to earn incremental revenue.&nbsp;For payments companies, connected payments offer a new revenue stream and an opportunity to gain market share ahead of competitors.</li>
<li>Wearables, connected cars, and smart home devices will be the top connected payments product categories.</li>
</ul>
<p><strong><em>In full, the report:</em></strong></p>
<ul>
<li>Frames the opportunity for embedding commerce capabilities in new devices.</li>
<li>Explains how a device becomes commerce-enabled.</li>
<li>Discusses the potential for payment-enabled&nbsp;wearables, connected cars, and smart home devices.</li>
<li>Examines the impact of connected payments on key stakeholders.</li>
</ul>
<p><strong>&nbsp;<em>Interested in getting the full report? Here are two&nbsp;ways to access it:</em></strong></p>
<ol>
<li>Subscribe to an&nbsp;<strong><em>All-Access</em></strong>&nbsp;pass to BI Intelligence and gain immediate access to this report and over 100 other expertly researched reports. As an added bonus, you'll also gain access to all future reports and daily newsletters to ensure&nbsp;you stay ahead of the curve and benefit personally and professionally. &gt;&gt; <strong><a href="http://www.businessinsider.com/intelligence/bi-intelligence-fintech-and-payments-research-bundle?IR=T&amp;utm_source=businessinsider&amp;utm_medium=report_teaser&amp;utm_term=report_teaser_subscription_text_link_connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7&amp;utm_content=subscription_report_teaser_text_link&amp;utm_campaign=report_teaser_subscription_link&amp;vertical=fintech">Learn More&nbsp;Now</a></strong></li>
<li>Purchase &amp; download the full report from&nbsp;our research store. &gt;&gt; <strong><a href="http://www.businessinsider.com/intelligence/research-store?IR=T&amp;utm_source=businessinsider&amp;utm_medium=report_teaser&amp;utm_term=report_teaser_store_text_link_connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7&amp;utm_content=report_store_report_teaser_text_link&amp;utm_campaign=report_teaser_store_link&amp;vertical=payments#!/The-Connected-Device-Payments-Report/p/68680278/">Purchase &amp; Download Now</a></strong></li>
</ol><p><a href="http://www.businessinsider.com/connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7#comments">Join the conversation about this story &#187;</a></p> http://www.businessinsider.com/connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7THE CONNECTED DEVICE PAYMENTS REPORT: Market opportunities, top stakeholders, and new use cases for the next frontier in paymentshttp://www.businessinsider.com/connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7
Mon, 26 Sep 2016 00:02:00 -0400Evan Bakker
<p><img style="float:right;" src="http://static6.businessinsider.com/image/5786649d88e4a7dd488b6eab-400-/bii-payment enabled wearable shipments forecast.png" alt="BII payment enabled wearable shipments forecast" width="400" data-mce-source="BI Intelligence" /></p><p></p>
<p>The rapid expansion of the Internet of Things (IoT) offers payments companies an opportunity to expand beyond mobile phones, cards, and point-of-sale devices, to a broad and diverse ecosystem of internet-connected devices.</p>
<p>We forecast that there will be 24 billion connected devices installed globally by 2020, up from nearly 7 billion today. And over 5 billion will be consumer connected devices by 2020, representing a massive expansion of touchpoints that could eventually offer payments functionality.</p>
<p>A recent report from BI Intelligence dives into&nbsp;the budding industry of connected device payments, providing&nbsp;a rundown of the stakeholders driving innovation in wearables, connected cars, and connected home devices. It also gauges the impact of new payment devices on different payments companies, along with how these devices could shift consumer purchasing behavior.</p>
<p><strong><em style="line-height: 1.5em;">Here are some of the key takeaways:</em></strong></p>
<ul>
<li>The Internet of Things is ushering in a new era for payments companies and manufacturers.<strong style="font-weight: bold; color: #222222; font-family: Helvetica, Arial, sans-serif; font-size: 15px; font-style: normal; font-variant: normal; letter-spacing: normal; line-height: 22.5px; orphans: auto; text-align: left; text-indent: 0px; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff;">&nbsp;</strong>The rapid expansion of the Internet of Things (IoT) offers an opportunity to facilitate payments beyond mobile phones, cards, and point-of-sale terminals, on a broad and diverse ecosystem of internet-connected devices.&nbsp;</li>
<li>More transactions could eventually pass through connected devices than smartphones.&nbsp;We estimate there will be 24 billion of these devices by 2020, with 5 billion of them being consumer-facing. This represents a massive expansion of touchpoints where payments could be enabled.</li>
<li>Card networks have developed a basic framework to enable commerce in everyday devices.&nbsp;Visa and MasterCard are creating the underlying infrastructure to support the standardization of payments integration and stake themselves out as the key connected payments gatekeepers. Their payment platforms are universal, allowing digital payments to grow without being tied to the success of a particular manufacturer.</li>
<li>Consumer-facing <a href="http://www.businessinsider.com/top-internet-of-things-companies-to-watch-invest-2016-8">IoT companies</a> have much to gain from enabling payments in their devices, including improving the value of the device, being able to cross-sell products through the device, and laying the groundwork for future opportunities to earn incremental revenue.&nbsp;For payments companies, connected payments offer a new revenue stream and an opportunity to gain market share ahead of competitors.</li>
<li>Wearables, connected cars, and smart home devices will be the top connected payments product categories.</li>
</ul>
<p><strong><em>In full, the report:</em></strong></p>
<ul>
<li>Frames the opportunity for embedding commerce capabilities in new devices.</li>
<li>Explains how a device becomes commerce-enabled.</li>
<li>Discusses the potential for payment-enabled&nbsp;wearables, connected cars, and smart home devices.</li>
<li>Examines the impact of connected payments on key stakeholders.</li>
</ul>
<p><strong>&nbsp;<em>Interested in getting the full report? Here are two&nbsp;ways to access it:</em></strong></p>
<ol>
<li>Subscribe to an&nbsp;<strong><em>All-Access</em></strong>&nbsp;pass to BI Intelligence and gain immediate access to this report and over 100 other expertly researched reports. As an added bonus, you'll also gain access to all future reports and daily newsletters to ensure&nbsp;you stay ahead of the curve and benefit personally and professionally. &gt;&gt; <strong><a href="http://www.businessinsider.com/intelligence/bi-intelligence-fintech-and-payments-research-bundle?IR=T&amp;utm_source=businessinsider&amp;utm_medium=report_teaser&amp;utm_term=report_teaser_subscription_text_link_connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7&amp;utm_content=subscription_report_teaser_text_link&amp;utm_campaign=report_teaser_subscription_link&amp;vertical=fintech">Learn More&nbsp;Now</a></strong></li>
<li>Purchase &amp; download the full report from&nbsp;our research store. &gt;&gt; <strong><a href="http://www.businessinsider.com/intelligence/research-store?IR=T&amp;utm_source=businessinsider&amp;utm_medium=report_teaser&amp;utm_term=report_teaser_store_text_link_connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7&amp;utm_content=report_store_report_teaser_text_link&amp;utm_campaign=report_teaser_store_link&amp;vertical=payments#!/The-Connected-Device-Payments-Report/p/68680278/">Purchase &amp; Download Now</a></strong></li>
</ol><p><a href="http://www.businessinsider.com/connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7#comments">Join the conversation about this story &#187;</a></p> http://www.businessinsider.com/connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7THE CONNECTED DEVICE PAYMENTS REPORT: Market opportunities, top stakeholders, and new use cases for the next frontier in paymentshttp://www.businessinsider.com/connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7
Sun, 25 Sep 2016 08:02:00 -0400Evan Bakker
<p><img style="float:right;" src="http://static6.businessinsider.com/image/5786649d88e4a7dd488b6eab-400-/bii-payment enabled wearable shipments forecast.png" alt="BII payment enabled wearable shipments forecast" width="400" data-mce-source="BI Intelligence" /></p><p></p>
<p>The rapid expansion of the Internet of Things (IoT) offers payments companies an opportunity to expand beyond mobile phones, cards, and point-of-sale devices, to a broad and diverse ecosystem of internet-connected devices.</p>
<p>We forecast that there will be 24 billion connected devices installed globally by 2020, up from nearly 7 billion today. And over 5 billion will be consumer connected devices by 2020, representing a massive expansion of touchpoints that could eventually offer payments functionality.</p>
<p>A recent report from BI Intelligence dives into&nbsp;the budding industry of connected device payments, providing&nbsp;a rundown of the stakeholders driving innovation in wearables, connected cars, and connected home devices. It also gauges the impact of new payment devices on different payments companies, along with how these devices could shift consumer purchasing behavior.</p>
<p><strong><em style="line-height: 1.5em;">Here are some of the key takeaways:</em></strong></p>
<ul>
<li>The Internet of Things is ushering in a new era for payments companies and manufacturers.<strong style="font-weight: bold; color: #222222; font-family: Helvetica, Arial, sans-serif; font-size: 15px; font-style: normal; font-variant: normal; letter-spacing: normal; line-height: 22.5px; orphans: auto; text-align: left; text-indent: 0px; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff;">&nbsp;</strong>The rapid expansion of the Internet of Things (IoT) offers an opportunity to facilitate payments beyond mobile phones, cards, and point-of-sale terminals, on a broad and diverse ecosystem of internet-connected devices.&nbsp;</li>
<li>More transactions could eventually pass through connected devices than smartphones.&nbsp;We estimate there will be 24 billion of these devices by 2020, with 5 billion of them being consumer-facing. This represents a massive expansion of touchpoints where payments could be enabled.</li>
<li>Card networks have developed a basic framework to enable commerce in everyday devices.&nbsp;Visa and MasterCard are creating the underlying infrastructure to support the standardization of payments integration and stake themselves out as the key connected payments gatekeepers. Their payment platforms are universal, allowing digital payments to grow without being tied to the success of a particular manufacturer.</li>
<li>Consumer-facing <a href="http://www.businessinsider.com/top-internet-of-things-companies-to-watch-invest-2016-8">IoT companies</a> have much to gain from enabling payments in their devices, including improving the value of the device, being able to cross-sell products through the device, and laying the groundwork for future opportunities to earn incremental revenue.&nbsp;For payments companies, connected payments offer a new revenue stream and an opportunity to gain market share ahead of competitors.</li>
<li>Wearables, connected cars, and smart home devices will be the top connected payments product categories.</li>
</ul>
<p><strong><em>In full, the report:</em></strong></p>
<ul>
<li>Frames the opportunity for embedding commerce capabilities in new devices.</li>
<li>Explains how a device becomes commerce-enabled.</li>
<li>Discusses the potential for payment-enabled&nbsp;wearables, connected cars, and smart home devices.</li>
<li>Examines the impact of connected payments on key stakeholders.</li>
</ul>
<p><strong>&nbsp;<em>Interested in getting the full report? Here are two&nbsp;ways to access it:</em></strong></p>
<ol>
<li>Subscribe to an&nbsp;<strong><em>All-Access</em></strong>&nbsp;pass to BI Intelligence and gain immediate access to this report and over 100 other expertly researched reports. As an added bonus, you'll also gain access to all future reports and daily newsletters to ensure&nbsp;you stay ahead of the curve and benefit personally and professionally. &gt;&gt; <strong><a href="http://www.businessinsider.com/intelligence/bi-intelligence-fintech-and-payments-research-bundle?IR=T&amp;utm_source=businessinsider&amp;utm_medium=report_teaser&amp;utm_term=report_teaser_subscription_text_link_connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7&amp;utm_content=subscription_report_teaser_text_link&amp;utm_campaign=report_teaser_subscription_link&amp;vertical=fintech">Learn More&nbsp;Now</a></strong></li>
<li>Purchase &amp; download the full report from&nbsp;our research store. &gt;&gt; <strong><a href="http://www.businessinsider.com/intelligence/research-store?IR=T&amp;utm_source=businessinsider&amp;utm_medium=report_teaser&amp;utm_term=report_teaser_store_text_link_connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7&amp;utm_content=report_store_report_teaser_text_link&amp;utm_campaign=report_teaser_store_link&amp;vertical=payments#!/The-Connected-Device-Payments-Report/p/68680278/">Purchase &amp; Download Now</a></strong></li>
</ol><p><a href="http://www.businessinsider.com/connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7#comments">Join the conversation about this story &#187;</a></p> http://www.businessinsider.com/accenture-patents-editable-blockchain-2016-9Accenture files patent for editable blockchainhttp://www.businessinsider.com/accenture-patents-editable-blockchain-2016-9
Wed, 21 Sep 2016 17:02:35 -0400BI Intelligence
<p><em>This story was delivered to BI Intelligence "<a href="http://www.businessinsider.com/intelligence/fintech-research-briefing-daily-newsletter-research?IR=T&amp;utm_source=businessinsider&amp;utm_medium=content_marketing&amp;utm_term=content_marketing_subscription_text_link_accenture-patents-editable-blockchain-2016-9&amp;utm_content=subscription_content_marketing_text_link&amp;utm_campaign=content_marketing_subscription_link&amp;vertical=fintech">Fintech Briefing</a>" subscribers. To learn more and subscribe, please <a href="http://www.businessinsider.com/intelligence/fintech-research-briefing-daily-newsletter-research?IR=T&amp;utm_source=businessinsider&amp;utm_medium=content_marketing&amp;utm_term=content_marketing_subscription_text_link_accenture-patents-editable-blockchain-2016-9&amp;utm_content=subscription_content_marketing_text_link&amp;utm_campaign=content_marketing_subscription_link&amp;vertical=fintech">click here</a>.</em></p>
<p><img style="float:right;" src="http://static6.businessinsider.com/image/57e2ed9bb0ef9766008b752c-800/accenture-quarterly-revenue-rises-97-percent-2014-9.jpg" alt="Office of Accenture in downtown Helsinki April 27, 2011. REUTERS/LEHTIKUVA/Jussi Nukari " data-mce-source="Thomson Reuters" data-mce-caption="Office of Accenture in downtown Helsinki" /></p>
<p>The consultancy giant has caused upset in the fintech community by filing&nbsp;a patent for an editable blockchain that allows a central administrator to edit or delete information stored in a permissioned blockchain system, the <a href="http://e.businessinsider.com/click/7671992.3647/aHR0cDovL3d3dy5mdC5jb20vY21zL3MvMC9mNWNkNjc1NC03ZTgzLTExZTYtOGU1MC04ZWMxNWZiNDYyZjQuaHRtbD9zaXRlZWRpdGlvbj1pbnRsI2F4eno0S211MVZXeXk/556dbcf52912ff4a2e8b4815Bc1b21e9b" target="_blank" data-saferedirecturl="https://www.google.com/url?hl=en&amp;q=http://e.businessinsider.com/click/7671992.3647/aHR0cDovL3d3dy5mdC5jb20vY21zL3MvMC9mNWNkNjc1NC03ZTgzLTExZTYtOGU1MC04ZWMxNWZiNDYyZjQuaHRtbD9zaXRlZWRpdGlvbj1pbnRsI2F4eno0S211MVZXeXk/556dbcf52912ff4a2e8b4815Bc1b21e9b&amp;source=gmail&amp;ust=1474564296641000&amp;usg=AFQjCNFn5_-KGwg1me_F8MLWvnXvEtE5LQ">Financial Times</a> reports. A permissioned system is governed by a central administrator using agreed upon rules. This differs from permissionless systems, like those used by blockchain pioneers such as Bitcoin, which have no central authority. A key feature of permissionless systems is that the records they contain cannot be changed. Accenture unveiled a prototype of the blockchain <span data-term="goog_1257269602">on Tuesday</span> developed jointly by Accenture and Giuseppe Anteniese, a Stevens Institute of Technology professor.</p>
<p>The prototype aims to make blockchain more practical for use in financial services.&nbsp;Accenture's head of financial services said that the prototype will make blockchain more attractive to financial services providers and regulators, and encourage their uptake of blockchain technology. This is because these parties "need a means to quickly correct errors on the blockchain," which is not possible when using a blockchain-based system that creates immutable ledgers. It is only&nbsp;possible to&nbsp;<a href="http://e.businessinsider.com/click/7671992.3647/aHR0cDovL2luc2lkZWFuYWx5c2lzLmNvbS8yMDE2LzA5L2FjY2VudHVyZS1nZXRzLWJsb2NrY2hhaW4taG9ycmlibHktd3Jvbmcv/556dbcf52912ff4a2e8b4815B1b75cc6c" target="_blank" data-saferedirecturl="https://www.google.com/url?hl=en&amp;q=http://e.businessinsider.com/click/7671992.3647/aHR0cDovL2luc2lkZWFuYWx5c2lzLmNvbS8yMDE2LzA5L2FjY2VudHVyZS1nZXRzLWJsb2NrY2hhaW4taG9ycmlibHktd3Jvbmcv/556dbcf52912ff4a2e8b4815B1b75cc6c&amp;source=gmail&amp;ust=1474564296641000&amp;usg=AFQjCNHOU0Snxzds0IbKKYlqjX7K7FaayA">reverse</a>&nbsp;an entry on such a system, removing it completely, and that can be time-consuming.&nbsp;Fast corrections would be especially critical were blockchain to be used in the securities industry, where trades are conducted at high speed, but where errors, such as assigning a trade to the wrong counterparty could have serious financial consequences.</p>
<p>But it goes against one of blockchain technology's key principals &mdash; immutability.&nbsp;The move is controversial to many because blockchain was conceived as an immutable, tamper-proof ledger, which eliminated the need for a centralized authority. However, Accenture insists that immutability is not necessary in permissioned systems because everything is overseen by a single governing authority, and argues that the need for it in a permissionless system is part of the reason banks have been slow to create viable use cases with blockchain technology. We think the success of Accenture's system will depend on whether or not financial services firms intend to use blockchain for use cases that require flexibility. Should they decide to implement the technology in more straightforward capacities, like managing their customers' personal details, Accenture's functionality would not likely be especially useful.&nbsp;</p>
<!-- BEGINNING OF CONTENT MARKETING UPSELL COPY 1 -->
<p>Blockchain technology, which is best known for powering Bitcoin and other cryptocurrencies, is gaining steam among finance firms&nbsp;because of its&nbsp;potential to streamline processes and increase efficiency. The technology could cut costs by up to $20 billion annually by 2022, according to <a href="https://www.finextra.com/finextra-downloads/newsdocs/The%20Fintech%202%200%20Paper.PDF">Santander</a>.</p>
<p>That's because blockchain, which operates as a distributed ledger, has the&nbsp;ability to allow multiple parties to transfer and store sensitive information in a space that&rsquo;s secure, permanent, anonymous, and easily accessible. That could simplify paper-heavy, expensive, or logistically complicated financial systems, like remittances and cross-border transfer, shareholder management and ownership exchange, and securities trading, to name a few. And outside of finance, governments and the music industry are investigating the technology&rsquo;s potential to simplify record-keeping.</p>
<p>As a result,&nbsp;venture capital firms and financial institutions alike are pouring investment&nbsp;into finding, developing, and testing blockchain use cases. Over 50 major financial institutions are involved with collaborative blockchain startups, have begun researching the technology in-house, or have helped fund&nbsp;startups with products rooted in blockchain.&nbsp;</p>
<p>Jaime Toplin, research associate for <a href="https://intelligence.businessinsider.com/?IR=T&amp;utm_source=businessinsider&amp;utm_medium=content_marketing&amp;utm_term=content_marketing_subscription_text_link_accenture-patents-editable-blockchain-2016-9&amp;utm_content=subscription_content_marketing_text_link&amp;utm_campaign=content_marketing_subscription_link">BI Intelligence</a>, Business Insider's premium research service, has compiled <a href="http://www.businessinsider.com/intelligence/research-store?IR=T&amp;utm_source=businessinsider&amp;utm_medium=content_marketing&amp;utm_term=content_marketing_store_text_link_accenture-patents-editable-blockchain-2016-9&amp;utm_content=report_store_content_marketing_text_link&amp;utm_campaign=content_marketing_store_link#!/The-Blockchain-Report/p/66035425/">a detailed report on blockchain technology</a> that explains how blockchain works, why it has the potential to provide a watershed moment for the financial industry, and the different ways it could be put into practice in the coming years.</p>
<p><a href="http://www.businessinsider.com/intelligence/research-store?IR=T&amp;utm_source=businessinsider&amp;utm_medium=content_marketing&amp;utm_term=content_marketing_store_text_link_accenture-patents-editable-blockchain-2016-9&amp;utm_content=report_store_content_marketing_text_link&amp;utm_campaign=content_marketing_store_link#!/The-Blockchain-Report/p/66035425/"><img style="float:right;" src="http://static2.businessinsider.com/image/5735fca491058427008c2b0d-609-789/screen shot 2016-05-13 at 12.05.10 pm.png" alt="Blockchain Report Cover" data-mce-source="BII" /></a></p>
<p><strong><em>Here are some key takeaways from the report:</em></strong></p>
<ul>
<li><span style="color: #222222; line-height: 1.5em;">Spending on capital markets applications of blockchain is expected to grow at a 52% compound annual growth rate (CAGR) through 2019, according to Aite Group, to reach $400 million that year.</span></li>
<li>Banks and major financial institutions are working both collaboratively and independently to develop blockchain tech.&nbsp;Over 50 major financial institutions are involved with collaborative blockchain startups, like R3 CEV or Chain. And many are investing in the technology on their own as well.</li>
<li>Putting blockchain to use for real-world transactions is likely not that far off.&nbsp;If&nbsp;working groups' tests are successful, firms could be using it to transact real value as early as the end of this year and we could see&nbsp;widespread industry application within the next few years.&nbsp;</li>
</ul>
<p><strong><em>In full, the report:</em></strong></p>
<ul>
<li><span style="color: #222222; line-height: 1.5em;">Examines the funding increases that are pouring into blockchain</span></li>
<li>Assesses why blockchain is becoming so popular and what factors are driving up increased research and development</li>
<li>Explains in full how blockchain technology work and what assets make it valuable and vulnerable</li>
<li>Identifies pain points in the financial industry and profiles how various firms are using blockchain to solve them</li>
<li>Demonstrates the challenges to mainstream adoption and their potential solutions</li>
</ul>
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<p>The choice is yours. But however you decide to acquire this report, you&rsquo;ve given yourself a powerful advantage in your understanding of blockchain technology.</p><p><a href="http://www.businessinsider.com/accenture-patents-editable-blockchain-2016-9#comments">Join the conversation about this story &#187;</a></p> http://www.businessinsider.com/connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7THE CONNECTED DEVICE PAYMENTS REPORT: Market opportunities, top stakeholders, and new use cases for the next frontier in paymentshttp://www.businessinsider.com/connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7
Mon, 19 Sep 2016 16:04:00 -0400Evan Bakker
<p><img style="float:right;" src="http://static6.businessinsider.com/image/5786649d88e4a7dd488b6eab-400-/bii-payment enabled wearable shipments forecast.png" alt="BII payment enabled wearable shipments forecast" width="400" data-mce-source="BI Intelligence" /></p><p></p>
<p>The rapid expansion of the Internet of Things (IoT) offers payments companies an opportunity to expand beyond mobile phones, cards, and point-of-sale devices, to a broad and diverse ecosystem of internet-connected devices.</p>
<p>We forecast that there will be 24 billion connected devices installed globally by 2020, up from nearly 7 billion today. And over 5 billion will be consumer connected devices by 2020, representing a massive expansion of touchpoints that could eventually offer payments functionality.</p>
<p>A recent report from BI Intelligence dives into&nbsp;the budding industry of connected device payments, providing&nbsp;a rundown of the stakeholders driving innovation in wearables, connected cars, and connected home devices. It also gauges the impact of new payment devices on different payments companies, along with how these devices could shift consumer purchasing behavior.</p>
<p><strong><em style="line-height: 1.5em;">Here are some of the key takeaways:</em></strong></p>
<ul>
<li>The Internet of Things is ushering in a new era for payments companies and manufacturers.<strong style="font-weight: bold; color: #222222; font-family: Helvetica, Arial, sans-serif; font-size: 15px; font-style: normal; font-variant: normal; letter-spacing: normal; line-height: 22.5px; orphans: auto; text-align: left; text-indent: 0px; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff;">&nbsp;</strong>The rapid expansion of the Internet of Things (IoT) offers an opportunity to facilitate payments beyond mobile phones, cards, and point-of-sale terminals, on a broad and diverse ecosystem of internet-connected devices.&nbsp;</li>
<li>More transactions could eventually pass through connected devices than smartphones.&nbsp;We estimate there will be 24 billion of these devices by 2020, with 5 billion of them being consumer-facing. This represents a massive expansion of touchpoints where payments could be enabled.</li>
<li>Card networks have developed a basic framework to enable commerce in everyday devices.&nbsp;Visa and MasterCard are creating the underlying infrastructure to support the standardization of payments integration and stake themselves out as the key connected payments gatekeepers. Their payment platforms are universal, allowing digital payments to grow without being tied to the success of a particular manufacturer.</li>
<li>Consumer-facing <a href="http://www.businessinsider.com/top-internet-of-things-companies-to-watch-invest-2016-8">IoT companies</a> have much to gain from enabling payments in their devices, including improving the value of the device, being able to cross-sell products through the device, and laying the groundwork for future opportunities to earn incremental revenue.&nbsp;For payments companies, connected payments offer a new revenue stream and an opportunity to gain market share ahead of competitors.</li>
<li>Wearables, connected cars, and smart home devices will be the top connected payments product categories.</li>
</ul>
<p><strong><em>In full, the report:</em></strong></p>
<ul>
<li>Frames the opportunity for embedding commerce capabilities in new devices.</li>
<li>Explains how a device becomes commerce-enabled.</li>
<li>Discusses the potential for payment-enabled&nbsp;wearables, connected cars, and smart home devices.</li>
<li>Examines the impact of connected payments on key stakeholders.</li>
</ul>
<p><strong>&nbsp;<em>Interested in getting the full report? Here are two&nbsp;ways to access it:</em></strong></p>
<ol>
<li>Subscribe to an&nbsp;<strong><em>All-Access</em></strong>&nbsp;pass to BI Intelligence and gain immediate access to this report and over 100 other expertly researched reports. As an added bonus, you'll also gain access to all future reports and daily newsletters to ensure&nbsp;you stay ahead of the curve and benefit personally and professionally. &gt;&gt; <strong><a href="http://www.businessinsider.com/intelligence/bi-intelligence-fintech-and-payments-research-bundle?IR=T&amp;utm_source=businessinsider&amp;utm_medium=report_teaser&amp;utm_term=report_teaser_subscription_text_link_connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7&amp;utm_content=subscription_report_teaser_text_link&amp;utm_campaign=report_teaser_subscription_link&amp;vertical=fintech">Learn More&nbsp;Now</a></strong></li>
<li>Purchase &amp; download the full report from&nbsp;our research store. &gt;&gt; <strong><a href="http://www.businessinsider.com/intelligence/research-store?IR=T&amp;utm_source=businessinsider&amp;utm_medium=report_teaser&amp;utm_term=report_teaser_store_text_link_connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7&amp;utm_content=report_store_report_teaser_text_link&amp;utm_campaign=report_teaser_store_link&amp;vertical=payments#!/The-Connected-Device-Payments-Report/p/68680278/">Purchase &amp; Download Now</a></strong></li>
</ol><p><a href="http://www.businessinsider.com/connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7#comments">Join the conversation about this story &#187;</a></p> http://www.businessinsider.com/connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7THE CONNECTED DEVICE PAYMENTS REPORT: Market opportunities, top stakeholders, and new use cases for the next frontier in paymentshttp://www.businessinsider.com/connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7
Sat, 17 Sep 2016 00:02:00 -0400Evan Bakker
<p><img style="float:right;" src="http://static6.businessinsider.com/image/5786649d88e4a7dd488b6eab-400-/bii-payment enabled wearable shipments forecast.png" alt="BII payment enabled wearable shipments forecast" width="400" data-mce-source="BI Intelligence" /></p><p></p>
<p>The rapid expansion of the Internet of Things (IoT) offers payments companies an opportunity to expand beyond mobile phones, cards, and point-of-sale devices, to a broad and diverse ecosystem of internet-connected devices.</p>
<p>We forecast that there will be 24 billion connected devices installed globally by 2020, up from nearly 7 billion today. And over 5 billion will be consumer connected devices by 2020, representing a massive expansion of touchpoints that could eventually offer payments functionality.</p>
<p>A recent report from BI Intelligence dives into&nbsp;the budding industry of connected device payments, providing&nbsp;a rundown of the stakeholders driving innovation in wearables, connected cars, and connected home devices. It also gauges the impact of new payment devices on different payments companies, along with how these devices could shift consumer purchasing behavior.</p>
<p><strong><em style="line-height: 1.5em;">Here are some of the key takeaways:</em></strong></p>
<ul>
<li>The Internet of Things is ushering in a new era for payments companies and manufacturers.<strong style="font-weight: bold; color: #222222; font-family: Helvetica, Arial, sans-serif; font-size: 15px; font-style: normal; font-variant: normal; letter-spacing: normal; line-height: 22.5px; orphans: auto; text-align: left; text-indent: 0px; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff;">&nbsp;</strong>The rapid expansion of the Internet of Things (IoT) offers an opportunity to facilitate payments beyond mobile phones, cards, and point-of-sale terminals, on a broad and diverse ecosystem of internet-connected devices.&nbsp;</li>
<li>More transactions could eventually pass through connected devices than smartphones.&nbsp;We estimate there will be 24 billion of these devices by 2020, with 5 billion of them being consumer-facing. This represents a massive expansion of touchpoints where payments could be enabled.</li>
<li>Card networks have developed a basic framework to enable commerce in everyday devices.&nbsp;Visa and MasterCard are creating the underlying infrastructure to support the standardization of payments integration and stake themselves out as the key connected payments gatekeepers. Their payment platforms are universal, allowing digital payments to grow without being tied to the success of a particular manufacturer.</li>
<li>Consumer-facing <a href="http://www.businessinsider.com/top-internet-of-things-companies-to-watch-invest-2016-8">IoT companies</a> have much to gain from enabling payments in their devices, including improving the value of the device, being able to cross-sell products through the device, and laying the groundwork for future opportunities to earn incremental revenue.&nbsp;For payments companies, connected payments offer a new revenue stream and an opportunity to gain market share ahead of competitors.</li>
<li>Wearables, connected cars, and smart home devices will be the top connected payments product categories.</li>
</ul>
<p><strong><em>In full, the report:</em></strong></p>
<ul>
<li>Frames the opportunity for embedding commerce capabilities in new devices.</li>
<li>Explains how a device becomes commerce-enabled.</li>
<li>Discusses the potential for payment-enabled&nbsp;wearables, connected cars, and smart home devices.</li>
<li>Examines the impact of connected payments on key stakeholders.</li>
</ul>
<p><strong>&nbsp;<em>Interested in getting the full report? Here are two&nbsp;ways to access it:</em></strong></p>
<ol>
<li>Subscribe to an&nbsp;<strong><em>All-Access</em></strong>&nbsp;pass to BI Intelligence and gain immediate access to this report and over 100 other expertly researched reports. As an added bonus, you'll also gain access to all future reports and daily newsletters to ensure&nbsp;you stay ahead of the curve and benefit personally and professionally. &gt;&gt; <strong><a href="http://www.businessinsider.com/intelligence/bi-intelligence-fintech-and-payments-research-bundle?IR=T&amp;utm_source=businessinsider&amp;utm_medium=report_teaser&amp;utm_term=report_teaser_subscription_text_link_connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7&amp;utm_content=subscription_report_teaser_text_link&amp;utm_campaign=report_teaser_subscription_link&amp;vertical=fintech">Learn More&nbsp;Now</a></strong></li>
<li>Purchase &amp; download the full report from&nbsp;our research store. &gt;&gt; <strong><a href="http://www.businessinsider.com/intelligence/research-store?IR=T&amp;utm_source=businessinsider&amp;utm_medium=report_teaser&amp;utm_term=report_teaser_store_text_link_connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7&amp;utm_content=report_store_report_teaser_text_link&amp;utm_campaign=report_teaser_store_link&amp;vertical=payments#!/The-Connected-Device-Payments-Report/p/68680278/">Purchase &amp; Download Now</a></strong></li>
</ol><p><a href="http://www.businessinsider.com/connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7#comments">Join the conversation about this story &#187;</a></p> http://www.businessinsider.com/connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7THE CONNECTED DEVICE PAYMENTS REPORT: Market opportunities, top stakeholders, and new use cases for the next frontier in paymentshttp://www.businessinsider.com/connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7
Thu, 15 Sep 2016 16:04:00 -0400Evan Bakker
<p><img style="float:right;" src="http://static6.businessinsider.com/image/5786649d88e4a7dd488b6eab-400-/bii-payment enabled wearable shipments forecast.png" alt="BII payment enabled wearable shipments forecast" width="400" data-mce-source="BI Intelligence" /></p><p></p>
<p>The rapid expansion of the Internet of Things (IoT) offers payments companies an opportunity to expand beyond mobile phones, cards, and point-of-sale devices, to a broad and diverse ecosystem of internet-connected devices.</p>
<p>We forecast that there will be 24 billion connected devices installed globally by 2020, up from nearly 7 billion today. And over 5 billion will be consumer connected devices by 2020, representing a massive expansion of touchpoints that could eventually offer payments functionality.</p>
<p>A recent report from BI Intelligence dives into&nbsp;the budding industry of connected device payments, providing&nbsp;a rundown of the stakeholders driving innovation in wearables, connected cars, and connected home devices. It also gauges the impact of new payment devices on different payments companies, along with how these devices could shift consumer purchasing behavior.</p>
<p><strong><em style="line-height: 1.5em;">Here are some of the key takeaways:</em></strong></p>
<ul>
<li>The Internet of Things is ushering in a new era for payments companies and manufacturers.<strong style="font-weight: bold; color: #222222; font-family: Helvetica, Arial, sans-serif; font-size: 15px; font-style: normal; font-variant: normal; letter-spacing: normal; line-height: 22.5px; orphans: auto; text-align: left; text-indent: 0px; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff;">&nbsp;</strong>The rapid expansion of the Internet of Things (IoT) offers an opportunity to facilitate payments beyond mobile phones, cards, and point-of-sale terminals, on a broad and diverse ecosystem of internet-connected devices.&nbsp;</li>
<li>More transactions could eventually pass through connected devices than smartphones.&nbsp;We estimate there will be 24 billion of these devices by 2020, with 5 billion of them being consumer-facing. This represents a massive expansion of touchpoints where payments could be enabled.</li>
<li>Card networks have developed a basic framework to enable commerce in everyday devices.&nbsp;Visa and MasterCard are creating the underlying infrastructure to support the standardization of payments integration and stake themselves out as the key connected payments gatekeepers. Their payment platforms are universal, allowing digital payments to grow without being tied to the success of a particular manufacturer.</li>
<li>Consumer-facing <a href="http://www.businessinsider.com/top-internet-of-things-companies-to-watch-invest-2016-8">IoT companies</a> have much to gain from enabling payments in their devices, including improving the value of the device, being able to cross-sell products through the device, and laying the groundwork for future opportunities to earn incremental revenue.&nbsp;For payments companies, connected payments offer a new revenue stream and an opportunity to gain market share ahead of competitors.</li>
<li>Wearables, connected cars, and smart home devices will be the top connected payments product categories.</li>
</ul>
<p><strong><em>In full, the report:</em></strong></p>
<ul>
<li>Frames the opportunity for embedding commerce capabilities in new devices.</li>
<li>Explains how a device becomes commerce-enabled.</li>
<li>Discusses the potential for payment-enabled&nbsp;wearables, connected cars, and smart home devices.</li>
<li>Examines the impact of connected payments on key stakeholders.</li>
</ul>
<p><strong>&nbsp;<em>Interested in getting the full report? Here are two&nbsp;ways to access it:</em></strong></p>
<ol>
<li>Subscribe to an&nbsp;<strong><em>All-Access</em></strong>&nbsp;pass to BI Intelligence and gain immediate access to this report and over 100 other expertly researched reports. As an added bonus, you'll also gain access to all future reports and daily newsletters to ensure&nbsp;you stay ahead of the curve and benefit personally and professionally. &gt;&gt; <strong><a href="http://www.businessinsider.com/intelligence/bi-intelligence-fintech-and-payments-research-bundle?IR=T&amp;utm_source=businessinsider&amp;utm_medium=report_teaser&amp;utm_term=report_teaser_subscription_text_link_connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7&amp;utm_content=subscription_report_teaser_text_link&amp;utm_campaign=report_teaser_subscription_link&amp;vertical=fintech">Learn More&nbsp;Now</a></strong></li>
<li>Purchase &amp; download the full report from&nbsp;our research store. &gt;&gt; <strong><a href="http://www.businessinsider.com/intelligence/research-store?IR=T&amp;utm_source=businessinsider&amp;utm_medium=report_teaser&amp;utm_term=report_teaser_store_text_link_connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7&amp;utm_content=report_store_report_teaser_text_link&amp;utm_campaign=report_teaser_store_link&amp;vertical=payments#!/The-Connected-Device-Payments-Report/p/68680278/">Purchase &amp; Download Now</a></strong></li>
</ol><p><a href="http://www.businessinsider.com/connected-device-payments-market-opportunities-top-stakeholders-and-new-use-cases-for-the-next-frontier-in-payments-2016-7#comments">Join the conversation about this story &#187;</a></p>